10 Hot AI Stocks to Watch Right Now

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On February 25, Goldman Sachs analyst Kash Rangan reiterated a “Buy” rating on the stock with a $500.00 price target, stating that it is standing by the stock and that Microsoft “continues to invest in AI capacity prudently with an eye towards returns.” The rating reaffirmation comes despite recent news that Microsoft may have canceled or delayed some AI data center leases.

“We reiterate our Buy rating, $500 PT, and leave our estimates for $88bn/91bn in FY25/26 CapEx unchanged following recent reporting that Microsoft has potentially delayed or canceled some of its AI data center leases.”

While we acknowledge the potential of MSFT 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 time frame. If you are looking for an AI stock that is more promising than MSFT 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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