As AI Catches Fire, These Are 3 AI Stocks You Should Consider Avoiding
Amid the rise of ChatGPT, the public has taken a greater interest in artificial intelligence (AI). Considering the technology's potential to increase productivity, investors have a chance to earn outsized gains in the sector's leading stocks.
However, AI stocks are not necessarily golden tickets. Poor management or a lack of innovation compared to peers could derail the investment cases for some companies. Knowing this potential for failure, investors might want to approach the following three stocks more cautiously.
Justin Pope (C3.ai): Shares of C3.ai (NYSE: AI) have outperformed the market since the new year, but the fun might not last. Despite its 55% gains since then, shares have begun cooling off, shedding 48% over the past month. A look into the company could explain why.
Source Fool.com
