News Formal

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 Nyheter

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: Investingcom - 🏆 450. / 53 Läs mer »

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
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Morgan Stanley lists stocks with 'underappreciated upside potential' from GenAIMorgan Stanley lists stocks with 'underappreciated upside potential' from GenAI
Källa: Investingcom - 🏆 450. / 53 Läs mer »

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.
Källa: wjxt4 - 🏆 246. / 63 Läs mer »

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.
Källa: ksatnews - 🏆 442. / 53 Läs mer »