Top Performing AI Stocks to Watch Out For in September - IT News Africa | Business Technology, Telecoms and Startup News

  • 📰 ITNewsAfrica
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Joshua Warner, market analyst for City Index has revealed the most exciting AI stocks to watch, as part of their AI stock index.

A few of the highlights from the research reveals the following companies as top AI performers:Palantir has promise, but stock prices will need to stabilise.IonQ has a bright future, but markets have got ahead of themselvesNVIDIA is the leading provider of chips that are needed for data centres to run powerful AI and machine-learning applications, and it is the poster child of the AI world after earning a $1 trillion valuation this year.

Joshua says, “Nvidia’s shares have been undergoing a correction since peaking at all-time highs in July. We have seen the stock set lower highs since then to suggest we could be seeing a reversal, although the 7-week low hit a few days ago remained above the trough we saw in June.

Unlike Palantir, C3.ai has seen the potential in the AI market long before it became a reality this year. They provide over 40 AI software solutions, from tools that can analyse banking transactions to a Customer Relationship Management system.Quantum computer manufacturer IonQ is a small player in the market but has recently quadrupled in value. Their most recent IonQ Forte quantum computer utilises cloud services, carving a niche in an AI-focused industry.

Furthermore Joshua suggests, thoroughly studying a company’s technology, market presence, and financial health before investing. He recommends that although trading individual AI stocks can provide better returns, diversifying is not as risky and requires less research. He also suggests prioritising companies that genuinely focus on technological advancement.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 27. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

ATG Digital Unveils New QR Code Reader - IT News Africa | Business Technology, Telecoms and Startup NewsThe PACS has advanced significantly with ATG Digital's latest ATG QR Code Reader, making it smarter, faster, and safer.
La source: ITNewsAfrica - 🏆 27. / 59 Lire la suite »

FutureBank Partners IDVerse To Fight Cybercrime - IT News Africa | Business Technology, Telecoms and Startup NewsFutureBank partners with IDVerse for swift, secure digital identity verification, advancing its digital transformation and customer onboarding
La source: ITNewsAfrica - 🏆 27. / 59 Lire la suite »

Kaspersky Appoints New General Manager for Africa - IT News Africa | Business Technology, Telecoms and Startup NewsKaspersky announced the appointment of Andrew Voges as the new General Manager for Africa. Given the rapidly evolving digital landscape...
La source: ITNewsAfrica - 🏆 27. / 59 Lire la suite »

- IT News Africa | Business Technology, Telecoms and Startup NewsA look at African ICT News regionally
La source: ITNewsAfrica - 🏆 27. / 59 Lire la suite »