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Two Underappreciated AI Stocks With Strong Upside Potential

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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.

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