3 Artificial Intelligence Stocks Set to Mint New Millionaires

InvestorPlace - Stock Market News, Stock Advice & Trading TipsNot all artificial intelligence stocks are created equal. Check out three stocks with Wall Street's darlings for your best bets.The post 3 Artificial Intelligence Stocks Set to Mint New Millionaires appeared first on InvestorPlace.


Are you interested in AI but don’t know where to start? I can’t blame you. Researching artificial intelligence stocks can be overwhelming. To cut through the noise, I prefer to look to the analysts who share their insight on certain assets through ratings.

This gives us an easier way to identify quality stocks, with an indication of how high they could go. Ratings help investors make a qualitative, apples-to-apples comparison of stocks. Analysts rate stocks on a scale of strong sell and rise to a sell, hold, buy, with strong buy being the highest.

Naturally, those with strong buy ratings are considered the cream of the crop. However, ratings aren’t everything. Investors should still err on the side of caution and conduct their due diligence, as highly rated artificial intelligence stocks don’t automatically mean it’s a sure winner.

Ratings are just a piece of the puzzle that can complement your stock selection process. But they are a good place to start. So, today, I will look at three buy-rated AI stocks with great potential.

To get my list, I screened the market and used the following criteria below: A strong buy rating from analysts, Positive earnings and revenue YOY growth, and Potential upsides exceeding 40%. I sorted the list based on the highest to lowest potential upside based on analysts’ high target prices. So, let’s start with: Super Micro Computer (SMCI) The market has high hopes for Super Micro Computer (NASDAQ: SMCI ) as the adoption of AI continue.