1 Cathie Wood Artificial Intelligence (AI) Stock I Can't Stop Buying
Most investors understand that artificial intelligence (AI) stocks will play a vital role in the market over the next few years. However, many aren't in tune with which ones are slated to provide strong returns. By tracking funds focusing on this technology, investors can gain insight into a few possible winners.
Cathie Wood's Ark Invest is one of the most popular funds to track. Its portfolio is full of fantastic ideas, but my personal favorite is its second-largest holding: UiPath (NYSE: PATH). I've bought multiple shares of UiPath lately and will likely add more over time.
UiPath isn't directly devoted to AI. Instead, its product is robotic process automation (RPA) software. This allows its users to automate repetitive tasks, freeing employees to do more creative thinking.
Source Fool.com
