2024-07-20 05:35:00 ET
Many artificial intelligence (AI) stocks surged in recent years as new generative AI tools sparked a buying frenzy in AI chips, AI servers, and AI-driven cloud services. The obvious winners include Nvidia , Super Micro Computer , and Microsoft , but plenty of other AI-related plays were left behind as those top stocks sucked all the hype oxygen out of the tech sector.
So if you're shopping for a few beaten-down AI stocks as contrarian plays, you should consider buying Snowflake (NYSE: SNOW) , Datadog (NASDAQ: DDOG) , and Upstart (NASDAQ: UPST) -- which all still trade well below their all-time highs.
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3 Beaten-Down Artificial Intelligence (AI) Stocks to Buy Hand Over Fist