The AI Frenzy is in Full Swing
Investors are pouring billions into Nvidia, betting that it will be the dominant player in the AI revolution. But while all eyes are on the tech giant, savvy investors are quietly scooping up these three under-the-radar AI stocks.
These “sleeper picks” offer a unique combination of growth potential and value. They're not yet household names, which means you can still get in at a discount before the masses catch on.
Here's why these three AI stocks are worth a closer look:
Palantir Technologies (PLTR)
Palantir is an AI powerhouse that has been quietly racking up huge government and commercial contracts. Its software platform is used by organizations like the CIA, FBI, and major corporations to analyze massive datasets and make better decisions.
Chris Johnson of Money Morning is bullish on Palantir, highlighting its recent surge in new business deals. He notes that the company has announced four new deals in recent weeks, reflecting management's positive outlook for the future. You can read his full analysis here.
Johnson believes that Palantir is “preparing for a surge to $40 after breaking above the round-numbered $30 price level just a few weeks ago.”
Why we like it: Palantir is a dominant player in a rapidly growing market. It has a proven track record of success, and its strong fundamentals suggest that it's still undervalued.
Super Micro Computer, Inc. (SMCI)
Super Micro Computer is a leading provider of high-performance computing solutions, including servers and storage systems used in AI applications. Despite recent concerns about its accounting practices, the company remains a key player in the AI infrastructure space.
Chris Johnson, also writing for Money Morning, acknowledges the recent hit SMCI stock has taken due to increased scrutiny of its accounting practices. However, he also notes that the stock has reached oversold on a technical basis and sees a potential reversal on the horizon. Check out Johnson's complete analysis here.
Why we like it: Super Micro is a critical supplier to the AI industry, and its stock is currently trading at a discount due to temporary headwinds. This could be a prime dip-buying opportunity for investors who are willing to look past the short-term noise.
Keysight Technologies Inc. (KEYS)
Keysight Technologies is a leading provider of electronic design and test solutions. Its products and services are used by companies developing AI-powered devices and systems.
Luke Lango of InvestorPlace highlights Keysight's recent earnings report in which the company stated that it is seeing a surge in demand for high-data-rate networking products used in AI-powered data centers. You can find Lango's full analysis here.
Lango believes that Keysight is a direct beneficiary of the AI boom and is well-positioned for continued growth as more companies invest in AI infrastructure.
Why we like it: Keysight is a picks-and-shovels play on the AI revolution. As the demand for AI solutions increases, so too will the demand for Keysight's testing and design solutions.
Take Action
These three “sleeper” AI stocks offer a compelling combination of growth potential and value. They're not yet on most investors' radars, which means you can still get in before the masses jump on board.
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