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Warning: These 2 Hot AI Stocks Are Too Risky

TheMotleyFool

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Warning: These 2 Hot AI Stocks Are Too Risky: https://g.foolcdn.com/editorial/images/739367/gettyimages-1413866469.jpg

Investors are clamoring to put money into the hottest artificial intelligence (AI) stocks. This has pushed valuations to levels that are hard to justify, even given the incredible opportunities AI will enable.

While it may seem tempting to invest in C3.ai (NYSE: AI) and Nvidia (NASDAQ: NVDA), both AI stocks are risky propositions.

In the midst of an AI frenzy, C3.ai is only expecting to grow revenue by about 15% in fiscal 2024, which kicked off on May 1, 2023. It's hard to reconcile this anemic growth with the stock's soaring valuation.

Source Fool.com

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