Time to Sell C3.ai Stock?
Is the artificial intelligence (AI) hype finally subsiding?
One stock that has been a big beneficiary of the 2023 AI boom is C3.ai (NYSE: AI). The aptly named company sells AI services to enterprises, but is highly unprofitable and trades at a steep valuation , with shares up 176% year to date even after falling in recent weeks. If you own C3.ai, is now the time to sell this high-priced money-loser? .
C3.ai sells AI software to enterprises in a wide array of industries, from manufacturing to healthcare to defense.
Source Fool.com