There are more than anecdotal reasons to explain why artificial intelligence (AI) remains the talk of the town among investors. In a recent report, The Goldman Sachs Group Inc. (NYSE: GS) commented that a higher percentage of companies mentioned AI in their earnings reports this quarter (Q4 2023) than in the third quarter. The significance is that in the third quarter, AI mentions by companies showed a slight move downward.
This could be a case of history repeating itself. As it was in the early stages of the internet, it's not enough for a company to have the ability to use AI. They have to show investors how using AI helps their business become more efficient (i.e., more profitable).
In 2023, much of the focus was on big technology stocks, specifically the group known as the Magnificent Seven. However, as investors are finding out this earnings season, more companies are discovering ways to use AI that are specific to their business.
This could be an opportunity for investors to follow the next wave in AI. And that's the focus of this special presentation. We're highlighting seven stocks from companies that continue to talk about AI. The twist is there's not a pure play AI stock among them.
Click the "Continue to Slide #1" button to view the first company.
