This Artificial Intelligence Stock Just Got a Major Nod From Wall Street. Should You Buy Now?
Artificial intelligence (AI) is all the rage among investment communities. Everyone seems to be trying to find the next application that AI could disrupt, and which company may benefit. While big tech and semiconductor companies alike enjoy stratospheric stock price movements, there is one company in particular that may be subtly reaping the most benefit.
C3.ai (NYSE: AI) has seen its stock price increase nearly 320% year to date as of the time of this article.
While C3.ai is certainly part of the AI revolution, investors should not blindly follow the pack. The company is clearly riding some momentum due to the AI mania, and it doesn't hurt that one of the most respected research analysts on Wall Street just doubled his price target for the stock. Let's dig into the fundamentals and assess if C3.ai deserves a place in your portfolio.
Source Fool.com
