3 Artificial Intelligence (AI) Stocks That Could Go Parabolic
Most investors are familiar with the artificial intelligence (AI) usual suspects. Semiconductor powerhouses like Nvidia and software companies like have soared recently thanks to the market's enthusiasm for AI stocks, and they can very well continue to fly higher.
However, there are other AI stocks that have the potential for exponential growth in the coming years. Growth investors with their eyes on AI stocks, therefore, will want to pay particular attention to Nano-X Imaging (NASDAQ: NNOX), Riskified (NYSE: RSKD), and Rubrik (NYSE: RBRK).
It doesn't happen often, but when innovations in radiology emerge, they often represent a seismic shift. And that's exactly what Nano-X Imaging, or Nanox, is attempting to accomplish. The company's Nanox.ARC is a revolutionary X-ray imaging device that is smaller, simpler, and more affordable than traditional X-ray machines. Deployment of the Nanox.ARC system has proceeded slower than management initially expected, but the company is making progress, deploying systems in five states in 2023. With respect to AI, Nanox provides AI solutions for interpreting patients' scans. Dubbed Nanox.AI, the company's FDA-cleared AI solutions help to identify patients at risk of several ailments, including coronary artery disease, musculoskeletal disease, and fatty liver.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 109 Buy predictions and 2 Sell predictions.
With a target price of 426 € there is a slightly positive potential of 12.22% for Microsoft Corp. compared to the current price of 379.6 €.
