10 Worst Beaten Down Stocks to Buy Now

3) NICE Ltd. (NASDAQ:NICE)

Stock Price as of February 20: $155.3

52-week Low: $147.3

Average Upside Potential: ~38.3%

Number of Hedge Fund Holders: 28

NICE Ltd. (NASDAQ:NICE) offers cloud platforms for AI-driven digital business solutions. The company continues to invest significantly in product innovation, with a strong focus on AI-powered solutions. It has recently introduced CXone Mpower, which is a comprehensive AI platform combining Copilot, Autopilot, and actions to orchestrate customer journeys. Therefore, this launch reflects NICE Ltd. (NASDAQ:NICE)’s commitment to staying ahead of AI-driven customer experience technologies.

The advanced AI capabilities can support the company in differentiating its offerings in a competitive market, resulting in higher win rates and larger deal sizes. Furthermore, AI-driven solutions can allow NICE Ltd. (NASDAQ:NICE) to expand into adjacent markets or use cases, further enhancing its total addressable market. The company’s FY 2024 robust top-line results were aided by a 25% YoY growth in cloud revenue, which reached $2 billion.

NICE Ltd. (NASDAQ:NICE)’s Chief highlighted that AI has been revolutionizing the CX industry, and CXone Mpower’s agentic AI continues to unlock new growth levels by delivering further efficiency and healthy customer experiences.  The company’s outstanding operating cash flow growth in 2024, which rose 48% YoY to $833 million, places NICE Ltd. (NASDAQ:NICE) well with a significant competitive advantage to fuel future organic and inorganic expansion.