2 Turnaround AI Stocks to Buy Before They Soar 67% and 93%, According to Certain Wall Street Analysts
Excitement about artificial intelligence drove shares of CrowdStrike (NASDAQ: CRWD) and Super Micro Computer (NASDAQ: SMCI) to record highs earlier this year. But the stocks have since tumbled 31% and 34%, respectively.
CrowdStrike's losses happened quickly, precipitated by a faulty software patch that caused a global IT outage last weekend. Super Micro Computer's losses accumulated gradually following mixed financial results in the March quarter. But certain Wall Street analysts view the stocks as significantly oversold, and they expect shares to rebound sharply.
Investors should never set too much store by price targets, but CrowdStrike and Supermicro warrant further consideration. Read on to learn more.
Source Fool.com