These 2 Artificial Intelligence (AI) Stocks Have a Lot to Prove Before I'd Buy
The artificial intelligence (AI) boom has taken the stock market by storm this year. Even as interest in the new technology seems to have faded in recent months, it's a major reason why the Nasdaq Composite has been a big winner this year, up 24% year to date. Most stocks with exposure to AI have soared as well.
However, not every AI stock has what it takes to thrive over the long haul. As with any new technology, there are bound to be winners and losers in artificial intelligence, and you only have to look back at the dot-com bust to be reminded of how the losers can greatly outnumber the winners in a tech cycle.
Let's take a look at two stocks with a lot to prove before I'd buy them or recommend anyone else should.
Source Fool.com