We recently announced a list of 10 AI stocks are currently getting Wall Street. In this article, we're going to look at where Apple Inc. (NASDAQ: AAPL) stands against other AI stocks currently being covered by Wall Street.
Investors in the artificial intelligence trade have been wild ever since the frenzy tariff began. Especially on April 2, called a relief day by President Donald Trump, the Ministry announced sweeping tariffs that led to significant market volatility and a sudden decline in stock indices.
While the President may strive to make the United States the “world capital” artificial intelligence, the aggressive trade movements and tariff that have since followed have been threatening the vital technology and competition weakening with China.
Executives and experts in AI and building data centers have been concerned about how trade levies would increase the cost of building, equip and implement the data centers that will, in turn, power AI development.
Read Next: 10 AI stocks in the news today and 10 AI Stocks In This Week.
Quickly forward to earnings reports from some of the big technology, and it can be identified how investors have been more concerned than the need for the AI trade. Meta and Microsoft, in particular, reported strong quarterly consequences that showed how artificial intelligence progress will not necessarily slow down in the midst of economic turmoil.
“A few stocks are really immune to Trump's tariffs (a) a trade war, but AI is much less affected than investors believe at the moment. We are early in a very steep growth curve at the moment, and that goes for AI infrastructure.”
What happens next to AI stocks depends largely on what's next for tariffs. If it is better than expected, these AI stocks and other AI stocks can climb and raise valuations. On the other hand, if tariffs appear high, these stocks may fall further.
However, strong companies, especially people like Nvidia and Palantir, are likely to win over the longer term because of their insightful innovations. According to Christopher Harvey of Wells Fargo, it may be time for investors to resume the trade.
“The risk/award of today's group is much more attractive than a year ago. We stay in a higher AI investment cycle.”
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular with hedge funds. Hedge fund data is from CH4 2024.
Why are we interested in the stocks to which money accumulates? The reason is simple: our research has shown that we can outperform the market by imitating the main stock options of the best hedge funds. Our quarterly newsletter strategy selects 14 small cap stocks and a large cap every quarter and has returned 373.4% since May 2014, beating its 218 percentage point benchmark (See more details here).
