10 Emerging AI Stocks You Should Keep on Your Radar

5. monday.com Ltd. (NASDAQ:MNDY)

Market Capitalization: $12.976 billion

monday.com Ltd. (NASDAQ:MNDY) is an Israel-based company that develops software applications globally, offering a cloud-based Work OS for creating work management tools.

The company serves organizations, educational institutions, government bodies, and business units. It has also launched monday AI to improve the WorkOS platform and enable users to create customized workflows with AI capabilities.

Scotiabank’s Allan Verkhovski began coverage of monday.com (NASDAQ:MNDY) with an Outperform rating and a $325 price target. He noted the software sector’s recent recovery after a challenging year, highlighting opportunities for gains in leading companies and those set to benefit from artificial intelligence. Verkhovski emphasized the importance of selective stock picking, given investor focus on semiconductors and skepticism about the long-term viability of some software businesses.