Enterprise software company C3.ai (NYSE: AI) has benefited from the recent attention around artificial intelligence (AI). Shares are up 80% over the past three months, but is the hype justified?
C3.ai is a young company with a lot of work ahead of it to become a sustainable business. Investors should understand the long road ahead before chasing shares for their portfolios, especially after its recent run. Here are three red flags that investors must know before buying.
C3.ai builds software tools and turn-key applications for enterprises. The company focuses on areas of artificial intelligence, including recognition as a Forrester Wave Leader for AI and machine learning platforms. For example, its software can use machine learning to detect money laundering. In oil and gas, C3.ai's software can monitor moving parts of a supply chain to keep operations running efficiently. But how do investors measure how much value C3.ai brings to enterprises?
Source Fool.com