2 AI stocks to consider
As many of you know already AI is impacting the world in many ways. The 2 AI stocks that will be discussed in this post has the potential to grow significantly.
The first AI stock is soundhound it has grown over 1000% in the past year, its value has risen drastically. Competitors for it like chatgpt, or googles gemini has the knowledge and experience to be strong competitors for soundhound. Soundhound PE ratio is at -46.1 which can be concerning but, companies do have to start somewhere. Since its growth has been so drastic it is something to watch out for and continue to observe how it goes.
The second stock is one that everyone must know of, people have shown some fear over it but that is when investors invest, since that can be a opportunity to buy. The stock is Alphabet and many know it as google.
Some research says that it has a upside of 67% by the end of 2025. It is the largest ad tech company worldwide due to google search and YouTube. Recent news about googles AI quantum computer chip named willow may pave the way for its growth in value.
Investors may be afraid because of the lawsuits google is facing, but its a opportunity for investors to buy in. Wall street expects earnings to increase 15% in the next four quarters.
The current price is 192.88 over the last year its up 38.1% and the PE ratio is a little over 25, the lower price to earnings ratio it can be better stock to buy in especially since its one of the biggest companies in the world. When comparing to others Google ratio is lower than Microsoft and Nvidia.