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X Log In Sign Up Premium #1 AI Stock to Buy * Markets * News * Tech * Market Movers * Futures Forex * Macroeconomic Predictions * Options * Insider Trading * Main * Education Center * Stock Screener * Insider Purchases * Insider Sales * Browse Companies * Latest 13D & 13G Filings * Hedge Funds * Main * Education Center * Browse Hedge Funds * Best Performing * Worst Performing * Other Institutional Investors * Retirement * ETF Trading * Commodities * Gold * Dividend Stocks * Opinion * Main * Hedge Fund Analysis * Stock Analysis * We Disagree * Lists * Authors * Premium * Newsletters * My Subscriptions * Premium Readership * Log In * Sign Up Our #1 AI Stock Pick is on a steep discount - 29$ instead of 99$! Click here to access exclusive investment research and ad free browsing! Our #1 AI Stock Pick is on a steep discount - 29$ instead of 99$! Click here to access exclusive research! X Companies 0 See All Hedge Funds 0 See All Insiders 0 See All Institutional Investors 0 See All Click here to see all results for Sorry, no results has been found matching your query. News META PLATFORMS, INC. (META): THIS AI STOCK COULD GO PARABOLIC ACCORDING TO FINANCIAL MEDIA PUBLISHED ON SEPTEMBER 2, 2024 AT 3:39 AM BY USMAN KABIR IN NEWS Share Tweet Email We recently compiled a list of the 10 AI Stocks That Could Go Parabolic According to Financial Media. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against the other AI stocks. One of the primary growth drivers in the AI industry over the past few years has been the exponential increase in data generation. The rise of the Internet of Things (IoT), social media, e-commerce, and various digital platforms has led to an unprecedented surge in data production. This vast amount of data serves as the fuel for AI systems, particularly in the development of machine learning models. Clive Humby, a venture capitalist, emphasized the critical role of data in AI development by famously proclaiming that data is the new oil. The ability to collect, process, and analyze large datasets allows AI algorithms to improve accuracy and deliver more sophisticated outputs. Read more about these developments by accessing 33 Most Important AI Companies You Should Pay Attention To and 20 Industrial Stocks Already Riding the AI Wave. To understand the AI revolution, it is also important to understand advancements in computing power. Moore’s Law, which predicts the doubling of transistors on a microchip approximately every two years, has played a crucial role in enhancing the processing power available for AI applications – consider companies like Taiwan Semiconductor Manufacturing and their advanced node processing. The advent of Graphics Processing Units (GPUs) and Tensor Processing Units (TPUs) – like the ones made popular by NVIDIA – has further accelerated AI development by enabling faster computation and more complex model training. Ray Dalio, founder of Bridgewater Associates, one of the largest hedge funds globally, says that these improvements in hardware have been a game-changer for AI. The availability of massive investments in AI research and startups is also a key growth driver. According to a report by PwC, global investments in AI are expected to reach $15.7 trillion by 2030, with the technology contributing $6.6 trillion to GDP from increased productivity and $9.1 trillion from consumption effects. This influx of capital is spurring innovation and the commercialization of AI technologies across various sectors, from healthcare to finance. Prominent hedge fund managers are also taking note. Ken Griffin, the chief of Citadel Investment Group, says that AI is the most transformative technology of our time, and not just another bubble, but a structural shift in the economy. Read more about these developments by accessing Billionaire Stan Druckenmiller Is Betting On AI Infrastructure, Tobacco and Industrial Stocks and 10 Tech Stocks to Monitor Amid Market Volatility According to Bernstein Analyst.. Our Methodology For this article, we selected AI stocks that have explosive growth potential according to financial news outlets. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here). A team of developers working in unison to create the company’s messaging application. META PLATFORMS, INC. (NASDAQ:META) Number of Hedge Fund Holders: 219 Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. The company is using AI to improve the advertisement side of the business. This strategy appears to be bearing fruit. The tech giant recently beat market expectations on earnings for both the top and bottom lines, and also raised guidance for AI-related capital expenditures. Meta managed to grow twice as fast as rival Google in the ads space in the second quarter, even while reporting an increase in price per ad figures during the earnings call. This effective AI strategy has caught the attention of market experts on Wall Street. Investment advisory Tigress Financial has a Strong Buy rating on Meta Platforms, Inc. (NASDAQ:META). In a recent investor note, the advisory highlighted that the cash flow of the tech giant was enabling ongoing investments in artificial intelligence initiatives that would drive user engagement, better content, and a more effective advertising experience. Overall META ranks 3rd on our list of the AI stocks that could go parabolic according to financial media. While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than META but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: Michael Burry Is Selling These Stocks and Jim Cramer is Recommending These Stocks. Disclosure: None. This article is originally published at Insider Monkey. Share Tweet Email Yahoo Finance Related Insider Monkey Articles EPR Properties (EPR): A Good Stock That Pay Dividends MonthlyRealty Income Corporation (O): A Good Stock That Pay Dividends Monthly AGNC Investment Corp. (AGNC): A Good Stock That Pay Dividends MonthlyApple Hospitality REIT, Inc. (APLE): A Good Stock That Pay Dividends Monthly... STAG Industrial, Inc. (STAG): A Good Stock That Pay Dividends MonthlyAgree Realty Corporation (ADC): A Good Stock That Pay Dividends Monthly Insider Monkey Quarterly Strategy +275.3% Insider Monkey Quarterly Strategy +125.2% Benchmark50% S&P 500 ETF and 50% Russell 2000 ETF 200% 100% 0 Subscribe Now Returns since its inception in May 2014 (through May 20, 2024) Hedge Fund Resource Center * How to Best Use Insider Monkey to Increase Your Returns * Why Track Hedge Funds? * Download a Free Edition! * Why You Should DUMP Your Hedge Funds * 6 Things You Didn't Know About Hedge Funds Billionaire Hedge Funds Warren Buffett Berkshire Hathaway $293,447,417,000 David Einhorn Greenlight Capital $1,491,303,000 George Soros Soros Fund Management $5,416,602,000 Jim Simons Renaissance Technologies $77,426,184,000 Leon Cooperman Omega Advisors $1,886,381,000 Carl Icahn Icahn Capital LP $22,521,664,000 Steve Cohen Point72 Asset Management $22,767,998,000 John Paulson Paulson & Co $3,510,256,000 David Tepper Appaloosa Management LP $4,198,712,000 Paul Tudor Jones Tudor Investment Corp $6,160,740,000 AI FIRE SALE: INSIDER MONKEY’S #1 AI STOCK PICK IS ON A STEEP DISCOUNT PUBLISHED ON AUGUST 31, 2024 AT BY INAN DOGAN, PHD Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! The whispers are turning into roars. Artificial intelligence isn’t science fiction anymore. It’s the revolution reshaping every industry on the planet. From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards. Here’s why this is the prime moment to jump on the AI bandwagon: Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory. Imagine every sector, from healthcare to finance, infused with superhuman intelligence. We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything. This isn’t a maybe – it’s an inevitability. Early investors will be the ones positioned to ride the wave of this technological tsunami. Ground Floor Opportunity: Remember the early days of the internet? Those who saw the potential of tech giants back then are sitting pretty today. AI is at a similar inflection point. We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon. This is your chance to get in before the rockets take off! Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation. AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries. The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust. As an investor, you want to be on the side of the winners, and AI is the winning ticket. The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI. From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field. This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements. By investing in AI, you’re essentially backing the future. The future is powered by artificial intelligence, and the time to invest is NOW. Don’t be a spectator in this technological revolution. Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation. This isn’t just about making money – it’s about being part of the future. So, buckle up and get ready for the ride of your investment life! Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!) The AI revolution is upon us, and savvy investors stand to make a fortune. But with so many choices, how do you find the hidden gem – the company poised for explosive growth? That’s where our expertise comes in. We’ve got the answer, but there’s a twist… Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap. That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade! Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity. This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors. It’s like having a race car on a go-kart track. They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field. Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel. We want to make sure none of our valued readers miss out on this groundbreaking opportunity! That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%. For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal! Here’s why this is a deal you can’t afford to pass up: • Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential. • 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan. • One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149 • Bonus Reports: Premium access to members-only fund manager video interviews • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity. • 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked. Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment. Here’s what to do next: 1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29. 2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months. 3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee. Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future! Subscribe Now! No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later! A NEW DAWN IS COMING TO U.S. STOCKS PUBLISHED ON JULY 24, 2024 AT BY INSIDER MONKEY STAFF I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries. We’re independently funding today’s broadcast to address something on the mind of every investor in America right now… Should I put my money in Artificial Intelligence? Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin. Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance… But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down. That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet… And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day. He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance. Click to continue reading… Insider Monkey Ads Get our editor’s daily picks straight in your inbox! 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