2024-06-23 04:25:00 ET
I get it -- you hear about developments in artificial intelligence (AI) every day from family, friends, and media publications. And it seems like everyone is making money by investing in the hottest AI stocks. But allow me to encourage you to not succumb to FOMO, the fear of missing out.
Fear doesn't help with making decisions, and it can even cloud good judgment (take the people in horror movies who make the wrong choices out of fear as an example). While there is a lot happening in the field of AI, there are plenty of AI-associated stocks that have become overvalued and could consequently provide shareholders with lackluster long-term returns at this point.
Let's highlight three underfollowed AI stocks to prove the point: website company GoDaddy (NYSE: GDDY) , customer-service company Nice (NASDAQ: NICE) , and online manufacturing platform Xometry (NASDAQ: XMTR) . Each stock is a screaming deal compared to the more well-known names in AI.
For further details see:
3 Artificial Intelligence (AI) Stocks That Are Screaming Deals