10 promising AI stocks on the TSX

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We are looking for stocks that will help improve earnings and drive share prices higher

You can see in the accompanying table the percentage difference between each stock’s recent closing price and its intrinsic value. The “StockCalc Valuation” column is a weighted calculation derived from our models and analyst target data. I want to emphasize that these are small-cap companies that can have very high stock-price volatility, so do your own research as well.

The range of returns for these stocks in the past year were from negative 74 per cent to a positive 500 per cent. None of these stocks pay a dividend. These companies are from a variety of industries, including advertising and asset management, through to health care, internet technology and application software. These companies use AI to:

incorporate data science and machine learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions;use AI, video analytics and mobile data collectors to interconnect public-transit assets as part of intelligent transportation systems for smart-city initiatives;provide location-based digital advertising. provides patients access to all points of their care from their phone, tablet or desktop computer.

Investing involves risk. StockCalc accepts no liability whatsoever for any loss or damage arising from the use of this analysis.

 

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