2024-06-28 08:15:00 ET
When it comes to artificial intelligence (AI), smart investors know that there are many lucrative opportunities outside of big tech. One company emerging as a highly coveted name in the AI realm is C3.ai (NYSE: AI) . Yet despite the company's progress, its shares are basically flat through the first half of 2024.
Could now be a good time to pounce on an underappreciated AI opportunity?
C3.ai develops a host of enterprise software solutions that it sells to both the public and private sectors. The company has an impressive roster of strategic partnerships with cloud network providers Alphabet , Amazon , and Microsoft . Moreover, C3.ai works closely with high-profile consulting company Accenture , as well as defense specialist Raytheon .
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Is Now a Good Time to Buy C3.AI Stock?