Top Artificial Intelligence Stocks under $10 to Invest in Now
The tech industry is booming, and with the advent of artificial intelligence (AI), the growth rate has accelerated. AI is playing a crucial role in automating processes, reducing errors, and generating insights. In the current scenario, investing in AI stocks is a smart move. However, not everyone can afford the top AI stocks that can cost hundreds or thousands of dollars per share. That’s why we’ve compiled a list of the top AI stocks under $10 that you can invest in now.
1. Baidu (BIDU)
Baidu is a Chinese tech giant that provides various internet-related services like a search engine, cloud services, and mapping. But its most significant contribution to AI is DuerOS, its voice-activated AI assistant used in smart home devices, cars, and smartphones. The stock is currently trading at $9.29 per share.
2. Nokia (NOK)
Nokia is a multinational telecommunications corporation that has heavily invested in AI. It has collaborated with various partners, including the Finnish Center for Artificial Intelligence (FCAI) and Microsoft to develop a range of AI-powered products. This tech giant’s stock is presently trading at $5.07 per share.
3. BlackBerry (BB)
BlackBerry is a software company that has transitioned into the AI space by contributing to the development of self-driving cars and cybersecurity. QNX, their OS, is integrated with over 150 million cars, and they are working towards developing a new software platform for electric vehicles. Currently, the stock is priced at $8.22 per share.
4. Intel (INTC)
Intel is a top player in the chip-making space and has been actively investing in AI. It recently launched the Intel Nervana Neural Network Processor (NNP), designed for deep learning workloads. Intel’s stock is currently trading at $57.63 per share.
5. Salesforce (CRM)
Salesforce is a leading software company that offers cloud-based customer relationship management (CRM) solutions. They have integrated AI into their solutions to help automate sales processes, anticipate customer needs, and improve customer support. Currently, the company’s stock is priced at $235.39 per share.
Conclusion
Investing in AI stocks is an intelligent move in today’s tech world, but it doesn’t have to break the bank. The AI stocks listed above are affordable and have shown significant promise in the field. As with any investment, risks are involved, and it is always critical to consult a financial advisor before investing. But with AI being the future of technology, investing in these top AI stocks under $10 is a wise decision.
