3 Artificial Intelligence-Powered Stocks I'd Buy Without Hesitation
Artificial intelligence (AI) is one of the hottest topics of 2023. ChatGPT burst onto the scene, showcasing the power of AI, and it's causing a mad rush as companies and investors pour billions of dollars into the space.
While AI could be the next big investment trend, given the current frenzy, I'd be hesitant to follow the crowd into some of the most popular names. However, three AI-powered stocks I would buy without hesitation are CrowdStrike (NASDAQ: CRWD), Bill.com Holdings (NYSE: BILL), and Intuit (NASDAQ: INTU). All three companies are harnessing the power of AI to improve outcomes for their customers, which could help continue driving outsized growth into the future. Meanwhile, their shares are well off their peaks as they have yet to get drawn into the AI-driven hype, making them look like attractive opportunities to invest in AI right now.
CrowdStrike is a cybersecurity company that leverages the power of the cloud and AI to identify and stop security breaches. The company's Falcon platform collects two trillion data points every day, helping its advanced AI technology grow smarter as it encounters new anomalies. This approach enables it to detect threats and stop data breaches.
Source Fool.com