10 AI Stocks on Latest News and Ratings

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1. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On January 29, Mizuho Securities analyst James Lee maintained their bullish stance on META stock, giving a Buy rating. The analyst increased the price target to $750. Several optimistic developments in Meta Platforms have led to the buy rating from Mizuho, particularly the promising potential in product development and monetization strategies with MetaAI, Llama, and smart glasses. In turn, supportive regulatory environments and open-source strategies will further allow Meta to thrive and innovate significantly. The company’s advertising metrics have also continued to improve, with prominent growth in ad impressions and pricing. Its advancements in artificial intelligence, such as its personal assistant MetaAI, are on track to reach over 1 billion users, paving the way for new monetization avenues. The company has also seen strong adoption rates for video content and AI-driven tools, supporting its long-term growth prospects and leading to the buy rating.

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: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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