Missed out on GOOGL, MSFT, or

2024-03-14

Missed out on GOOGL, MSFT, or NVDA? Want to join the AI race? Pick SaaS now!

$C3.ai, Inc.(AI)$ is my TOP pick, which is a software-as-a-service (SaaS) business that makes AI applications for things like demand forecasting and supply chain management. It also offers an AI platform. The company's technology might indicate it's seeing much demand from the AI boom.

$C3.ai, Inc.(AI)$ has been one of the poster children of the AI boom, with shares up 120% year to date even as they've come down substantially from their peak earlier in the year.

Which Stock Will Benefit From AI Race?

The AI sector is undoubtedly one of the hottest sectors in the market, which pushed SaaS stocks and chip stocks to go higher. Microsoft surged to a fresh record high after the company announced the launch of its latest AI assistant, Microsoft Copilot for Security. Adobe becomes the victim of AI development and plunged 11% in the extended trading. ----------------- Which AI stock is your TOP pick? Is it a software company that develops AI? Or is it a chip company that provides computing power?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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