3 Artificial Intelligence Stocks to Buy in May
One of the biggest tech opportunities over the next decade is artificial intelligence (AI). According to Grand View Research, the general AI market, across a variety of products and services, is set to expand at a huge 46.2% average annual growth rate between 2019 and 2025. AI is set to power the next generation of tech innovation, from virtual assistants, to big-data analytics and inference, to self-driving cars, to image and voice recognition, and new 5G applications.
With COVID-19 sweeping across the country and leading to shelter-in-place orders, many of these tech trends could be accelerated, as business look to quickly digitize to serve customers and cut costs. With many AI-oriented big tech companies reporting resilient financial results in their first quarter earnings reports, several look like strong buys in May as we come out of the March crash. Here three top AI companies to put on your buy list this month.
These AI stocks are strong buys in May. Image source: Getty Images.
Source Fool.com
