Is UiPath Stock a Buy Now?
UiPath (NYSE: PATH) is one of many recent unicorns to IPO. The stock rallied to nearly $90 before crashing down after recent earnings. It's currently trading in the low $50s. Is it a buy now? Today, I'll dig into the company again, this time focused on the artificial intelligence side of its business. The below video continues my series on high-growth AI, where I have done my best to find the highest-growth companies in a variety of sectors with disruptive growth trends. Last time, I covered robotic surgery AI with Intuitive Surgical. Today, I'll discuss UiPath's AI and machine learning capabilities, as well as the current stock price.
UiPath is a global software company focused on robotic process automation, also called RPA. The company's software enables organizations to automate data entry and repetitive tasks. RPA technology makes it simple for businesses to build, deploy, and manage bots. These software robots emulate human actions and provide many benefits. Examples include:
UiPath's AI capabilities are robust in the following key areas, which I explain in more detail in the video:
Source Fool.com
