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Could This Be the Next Great AI Stock?

TheMotleyFool

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Artificial intelligence (AI) is an extremely wide field, making it easy for companies to emerge out of nowhere. One of those companies is UiPath (NYSE: PATH), which specializes in process automation. While this stock has seen a strong 2023 performance, it hasn't seen nearly the boom that its peers have.

So is UiPath the next great AI stock? Let's take a look.

UiPath specializes in process automation. In many jobs, there could be a long, drawn-out process of filling out a form, submitting it to a database, creating a purchase order, then putting that information into a spreadsheet. Whatever the process, if it's repetitive, UiPath can automate it.

Source Fool.com

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