10 Emerging AI Stocks You Should Keep on Your Radar

Page 9 of 9

1. SAP SE (NYSE:SAP)

Market Capitalization: $274.151 billion

SAP SE (NYSE:SAP) provides global software solutions for finance, HR, supply chain, and more. It also delivers industry-specific cloud solutions, working capital management tools, and sustainability services.

On November 20, Canadian SaaS company, Coveo expanded its partnership with SAP (NYSE:SAP) to offer a new SAP-endorsed app, Coveo AI Search and Recommendation for SAP Customer Experience, now available on the SAP Store. This app integrates with SAP Service Cloud, building on Coveo’s first SAP-endorsed solution for SAP Commerce Cloud launched in March 2023.

SAP Endorsed Apps are certified for security and performance. The new app uses AI to improve product discovery and content relevance across customer service and shopping experiences. This integration aims to improve user engagement and satisfaction by providing accurate, personalized results at every touchpoint.

While we acknowledge the potential of SAP SE (NYSE:SAP) as an investment, our conviction lies in the belief that 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 SAP but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9