Forget C3.ai: Buy This Magnificent Artificial Intelligence Stock Instead
Investors want to have artificial intelligence (AI) stocks in their portfolios. It's arguably the most significant technology breakthrough since the internet, infiltrating all walks of life for consumers and enterprises. Experts believe generative AI alone could add up to $4.4 trillion in annual economic value.
That potential growth could be why C3.ai (NYSE: AI) is such a popular stock this year, up almost 200% since January. The company's name, its AI software, and its ticker symbol scream "AI stock" to investors. But there are concerns with C3.ai's fundamentals, headlined by a lack of profits.
Fellow software company Palantir Technologies (NYSE: PLTR) could be an excellent alternative for AI-focused investors. Palantir is making strides in AI and has a clear road to long-term earnings growth.
Source Fool.com
