Two Underappreciated AI Stocks With Strong Upside Potential

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 59 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 53%

Technology News

AI,Investing,Cognizant

This article highlights Cognizant Technology Solutions (CTSH) and Trimble (TRMB) as two underappreciated AI stocks with significant upside potential. Both companies are well-positioned to benefit from the ongoing advancements in the AI space and offer compelling long-term investment opportunities.

Both companies show strong upside potential, with double-digit gains forecasted by InvestingPro’s AI-powered models.

By integrating generative AI and machine learning into its suite of services, Cognizant is helping businesses improve automation, data analytics, and decision-making processes. Furthermore, the company's focus on AI has also allowed it to drive efficiencies across its own operations, positioning itself as a competitive player in the global AI market.

TRMB stock ended Thursday’s session at $55.68, giving the Westminster, Colorado-based software, hardware, and services technology company a market cap of $13.6 billion. Shares have gained 4.7% in 2024.While it may not be as well-known as some of its peers, Trimble has been making waves in the AI space by leveraging machine learning and AI to enhance its offerings. The company’s AI-powered solutions are designed to improve precision and efficiency across a wide range of industries.

These AI-driven advancements, combined with Trimble's broad portfolio of solutions, create a compelling growth story for the company. I regularly rebalance my portfolio of individual stocks and ETFs based on ongoing risk assessment of both the macroeconomic environment and companies' financials.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

2 Underappreciated Tech Stocks to Buy Now as Market Focus Shifts Beyond Mag 7Stocks Analysis by Investing.com (Jesse Cohen) covering: NVIDIA Corporation, Jabil Circuit Inc, ON Semiconductor Corporation. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Four bull stocks and two bear stocks according to Bank of America strategistsFour bull stocks and two bear stocks according to Bank of America strategists
Source: Investingcom - 🏆 450. / 53 Read more »

Morgan Stanley lists stocks with 'underappreciated upside potential' from GenAIMorgan Stanley lists stocks with 'underappreciated upside potential' from GenAI
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
Source: wjxt4 - 🏆 246. / 63 Read more »

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallAsian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors.
Source: ksatnews - 🏆 442. / 53 Read more »