AI is just the gold rush era or the dot-com bubble, which means extra caution is needed when it comes to investing. But, there are many great AI stocks that can help you get exposure to artificial intelligence without a lot of risk.
Alphabet is a tech giant and is the parent company behind YouTube, Google, and other services. Recently, Alphabet has also become the go-to name when it comes to AI investment.
They already had a lot of computational power and major data resources. So, they utilised these resources to establish themselves as the leader in the AI space.
Google has launched multiple AI services such as Gemini, DeepMind, Veo, and so on. On top of that, Google also offers AI tools and even AI infrastructure for other businesses.
Another good stock to consider is Dell Technologies. They have also established themselves as a big player in the AI. But other than that, they also have a strong presence in the IT services/products sector.
The best part? Dell Technologies isn't as popular as other stocks in the AI field. That's a good thing as it means you can buy the Dell Technologies stock at a discount.
According to analysts from City, the earnings of Dell Technologies will jump 41% y/y. This would make their P/E multiple around 12.6.
Another thing that makes Dell Technologies a good option is its PEG ratio, which is just 0.3. This also highlights that Dell Technologies is an undervalued stock.
Next up is Salesforce, which is famous for its CRM software. But now, they have also integrated AI agents into their offerings, which makes it a good AI stock.
They have recently launched a new service known as Agentforce. According to them, this will allow businesses to automate a lot of their day-to-day tasks. According to Salesforce, around 8000 customers have already signed up for Agentforce.