2 Brilliant Artificial Intelligence (AI) Breakout Stocks to Buy for 2024
Investing in artificial intelligence (AI) doesn't necessarily mean buying companies directly involved with producing AI models or hardware. Instead, AI investing can also pinpoint companies that do a fantastic job of integrating AI into their products.
Two that I think are best in class at this are UiPath (NYSE: PATH) and CrowdStrike (NASDAQ: CRWD). I'm also excited about each stock's future, as they look like great buys with a five-year mindset.
UiPath's software provides its users with robotic process automation (RPA). RPA allows users to automate repetitive tasks like filling out an expense document. However, it also integrates AI into the platform to expand the amount of processes it can automate. Don't know where to start? UiPath has tools that allow you to monitor your business to pinpoint tasks that could be automated.
Source Fool.com