1 AI Stock Down 54% You'll Regret Not Buying on the Dip

Machine learning (ML) is an important sub-field of artificial intelligence (AI). While AI is designed to eventually achieve human-level intelligence, ML is often used in practical settings by helping companies achieve greater productivity from their systems and equipment. 

Splunk (NASDAQ: SPLK) is a leading provider of ML software. It has a star-studded customer list that features leading Fortune 100 organizations, and even a Formula 1 racing team. 

Splunk stock remains 54% below its all-time high which was set back in 2020, but it's slowly rebounding thanks to a management shakeup, and also because the company is making progress toward achieving profitability. Here's why investors should take the opportunity to buy it while it's still beaten down.

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Source Fool.com