ESTC - 2 Artificial Intelligence (AI) Growth Stocks Up 119% and 127% This Year to Buy Now According to Wall Street
2023-12-10 05:05:00 ET
Excitement about artificial intelligence (AI) and its potential to boost labor productivity has sent many stocks higher this year. Shares of CrowdStrike Holdings (NASDAQ: CRWD) and Elastic (NYSE: ESTC) have more than doubled, climbing 127% and 119%, respectively.
Even so, both stocks bear a consensus rating of buy among Wall Street analysts, and neither has a single sell recommendation at the present time. Read on to learn more about these highly recommended AI growth stocks.
CrowdStrike sells cybersecurity software. Its Falcon platform leans on artificial intelligence (AI) to protect data, identities, and workloads across devices in public clouds and private data centers. Falcon includes more than two dozen modules that span multiple large markets, and CrowdStrike is a recognized leader in many of them, including endpoint security, cloud native application protection, and threat intelligence.
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2 Artificial Intelligence (AI) Growth Stocks Up 119% and 127% This Year to Buy Now, According to Wall Street