In this article, we will discuss the 12 Best Battery Stocks to Buy According to Billionaires.
Batteries are essential to our global energy landscape, especially nowadays, as they contribute heavily in accomplishing clean energy goals. These batteries power numerous electric vehicles (EVs) in the transport sector; on the other hand, they play a crucial role in the power sector, where energy storage is growing faster than any other clean technology, supporting the renewable energy shift.
Furthermore, the global battery industry is facing rapid growth due to lower costs and higher demand. A critical point was reached when prices of battery packs for battery electric vehicles (BEVs) dropped below $100 per kilowatt-hour. As a result of this cost-competitiveness, these batteries became highly demanded for internal combustion engine (ICE) cars. Thus, according to The Business Research Company, the EV battery market is expected to jump from $66.43 billion in 2024 to $87.78 billion in 2025, showing a 32.1% yearly growth rate.
This growth majorly stems from decreasing battery mineral costs, especially lithium. The World Economic Forum reported that lithium-ion battery costs have dropped over 90% in the past decade, with a 40% drop in 2024 alone. The IEA points out that a rise in manufacturing and improved production methods drove the market, with global battery production hitting 3 TWh in 2024. Accordingly, this has sped up EV adoption, with S&P Global Mobility forecasting 15.1 million battery electric vehicle sales in 2025. These sales would be 30% higher than the 2024 level and would make up 16.7% of global light vehicle sales.
Moving on to China, which is a lead battery producer, we see that it makes up 75% of the total global production, as reported by Reuters. China’s vertically integrated supply chain, from refining minerals to producing batteries, has allowed manufacturers to scale up efficiently and reduce costs. Furthermore, Chinese companies pioneered the shift to lithium-iron-phosphate (LFP) batteries, currently making up nearly half of the global EV market. These batteries cost about 30% less than lithium nickel cobalt manganese oxide (NMC) substitutes while offering similar performance.
On the other hand, the U.S. energy storage industry faces challenges as new tariffs on Chinese battery parts increase costs. With lithium battery tariffs set to reach 25% by 2026, along with other rising import duties, project costs are climbing. Thus, Wood Mackenzie predicts slower storage installations, with yearly growth dropping to 10% between 2025-2028, down from 25% in 2024. As a result, lithium demand is likely to be affected, adding uncertainty to battery prices globally.
Besides lithium batteries, hydrogen is emerging as another clean energy alternative. KPMG reported rising investment in fuel cell technology, establishing hydrogen as a long-term player in clean energy. A 2024 IDTechEx report estimated that only 4% of zero-emission vehicles (ZEVs) will use hydrogen in the next two decades. However, at the same time, it predicts that about 19% of zero-emission trucks could be hydrogen-powered by 2044. According to KPMG’s Fuels of the Future study, electric batteries remain the leading low-carbon technology, preferred by 48% of experts. Yet 16% of experts note the potential of hydrogen fuel cells as a comparable alternative.
Therefore, we can see that the battery market is shifting rapidly as costs drop, technology improves, and market competition intensifies. Falling lithium prices and economies of scale drive further growth, while hydrogen’s increasing adoption points to a multi-technology energy future. Considering this momentum of electrification, battery stocks offer strong investment potential in the evolving clean energy market.
With this, let’s dive into the 12 Best Battery Stocks to Buy According to Billionaires, uncovering the companies leading the charge in this dynamic industry.
A person inspecting a lithium-ion battery that is being recycled.
Our Methodology
We analyzed Insider Monkey’s exclusive database of billionaire stock holdings to compile our list of the 12 Best Battery Stocks to Buy According to Billionaires. We selected the top 12 stocks based on the number of billionaire investors as of Q4 2024. For the stocks with the same number of billionaire holdings, we have used the total value of billionaire holdings as a secondary metric to rank the stocks.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
12. Bloom Energy Corporation (NYSE:BE)
Number of Billionaire Investors: 8
Bloom Energy Corporation (NYSE:BE) creates and builds solid-oxide fuel cell systems for on-site power generation, delivering to various industries in the U.S. and beyond. The company’s main product, the Bloom Energy Server, transforms fuels such as natural gas, hydrogen, and biogas into electricity without burning them. It also offers the Bloom Electrolyzer for hydrogen production, serving utilities, data centers, healthcare, manufacturing, and retail markets.
For Q4 ended December 31, 2024, Bloom Energy Corporation (NYSE:BE) posted a record revenue of $572 million, a 60% jump year-over-year and a 73% increase from Q3. Furthermore, the company achieved a non-GAAP gross margin of 39.3%, a considerable improvement from 27.4% in Q4 2023. Likewise, operating profit increased to $133 million, up from $27 million in the previous year.
Following the same trajectory, Bloom Energy’s full-year revenue reached $1.47 billion in 2024, growing 10.5% from the year before. For the first time since 2019, the company achieved positive free cash flow, with operating cash flow reaching $92 million for the year.
Bloom Energy Corporation (NYSE:BE) bolstered its performance through key developments, including more micro-grid deployments and winning major industrial and telecom contracts. Furthermore, the company’s partnership with Quanta led to the installation of its largest standalone power system, providing reliable energy independent of the grid. At the same time, Bloom Energy focused on cutting costs, achieving yet another year of double-digit product cost reductions and improved service profitability.
Looking ahead, Bloom Energy Corporation (NYSE:BE) expects strong growth in 2025, fueled by increasing demand from data centers and commercial sectors seeking reliable power solutions. Its backlog stands at $2.5 billion, giving long-term revenue visibility. Moreover, the company expects to benefit from Investment Tax Credit (ITC) incentives, potentially generating $12-15 billion in future revenue. Accordingly, it is among the best battery stocks.
11. EnerSys (NYSE:ENS)
Number of Billionaire Investors: 8
EnerSys (NYSE:ENS) is a global leader in stored energy solutions, focusing on advanced battery systems across various industrial applications. The company offers multiple battery technologies, including TPPL (Thin Plate Pure Lead), lithium-ion, and traditional lead-acid, serving critical infrastructure, logistics, and defense sectors.
In Q3 fiscal 2025 ended December 29, 2024, EnerSys posted $906 million in revenue, growing 5% from last year. Its Motive Power segment brought in $359 million with strong adjusted earnings of $53 million. Moreover, the premium maintenance-free batteries saw an impressive 17% growth, now making up 27% of total motive power sales compared to 23% a year earlier.
Furthermore, EnerSys (NYSE:ENS) is bringing innovation in its battery technology as the company recorded its first revenue from fast-charging storage systems. At the same time, the company is speeding up the development of battery energy storage systems (BESS) for warehouses and distribution centers. These advancements help solve power continuity issues and avoid expensive infrastructure upgrades while improving operations. EnerSys has also standardized YIQ battery monitoring devices on North American Motive Power products to help fleet managers save energy and extend battery life.
Moreover, EnerSys (NYSE:ENS) has also boosted manufacturing efficiency, cutting scrap rates by 20% at Springfield and across global TPPL battery production this fiscal year. The company’s XRT extended runtime systems proved their worth during recent LA wildfires, providing 72-hour backup power to over 5,000 critical installations, reinforcing the role of EnerSys’s battery globally.
As a battery technology leader riding the electrification wave, EnerSys (NYSE:ENS) has raised its fiscal 2025 guidance. The company expects Q4 to be one of its strongest quarters, with projected sales between $960 million and $1 billion. As such, EnerSys’s focus on premium battery technologies and operational improvements sets it up for continued success in the energy storage market, also making it to the list of the best battery stocks.
10. Energizer Holdings, Inc. (NYSE:ENR)
Number of Billionaire Investors: 9
Energizer Holdings, Inc. (NYSE:ENR) produces and sells household and specialty batteries, lighting products, and car care items worldwide. Its key brands include Energizer, Eveready, and Rayovac, while it also licenses its brands for use in related markets.
For Q1 ended December 31, 2024, Energizer Holdings, Inc. (NYSE:ENR) reported a mixed performance. The net sales grew 2.1% year-over-year, with organic revenue, battery sales, and auto care sales up 3.8%, 4%, and 2%, respectively. Despite better margins from their Project Momentum cost-saving initiative (which saved $20 million), earnings per share was $0.30, below the expected $0.64 per share. Nevertheless, the company was able to pay back $25 million in debt during the quarter.
Furthermore, Energizer Holdings, Inc. (NYSE:ENR) raised its 2025 organic sales growth forecast to 2%-3%, up from its earlier 1%-2% estimate. It expects Project Momentum to save $60 million this year, helping improve adjusted gross margin by 50 basis points to over 41%. However, the stronger U.S. dollar will likely impact reported sales, which are now expected to grow just 1%-2%. Regardless, it aims to cut debt by $150-$200 million in 2025 while maintaining a steady cash flow.
Looking ahead, Energizer Holdings, Inc.’s (NYSE:ENR) strategy centers on its cost-saving program and increasing digital and international sales for long-term growth. Accordingly, it ranks among the best battery stocks to buy now.
9. Lucid Group, Inc. (NASDAQ:LCID)
Number of Billionaire Investors: 10
Lucid Group, Inc. (NASDAQ:LCID) manufactures and sells high-end electric vehicles, alongside EV powertrains and battery systems. The company sells directly to consumers through its online website and retail stores while growing production in America and Saudi Arabia. Lucis’ leading technology stands out, with the Air Pure sedan achieving an industry-best 5.0 miles per kilowatt hour (mi/kWh), showcasing its exceptional battery energy density and performance.
Lucid Group, Inc. (NASDAQ:LCID) hit record deliveries for four straight quarters in 2024, with 71% growth year-over-year and 10,241 delivered electric vehicles. The company’s performance improved with better gross margins and working capital, as seen through year-end liquidity that reached $6.13 billion; this enhanced liquidity was partially boosted through a $1.75 billion public offering in October 2024.
Moreover, Lucid started off with the manufacturing of the Gravity SUV at its AMP-1 factory, delivering the first batch in December 2024. Furthermore, it also opened Gravity orders in the U.S. in November, also expanding to Canada and Saudi Arabia. Meanwhile, its midsize platform is under development, predicted to start production in late 2026 at both its U.S. and Saudi facilities.
For 2025, Lucid Group, Inc. (NASDAQ:LCID) plans to make about 20,000 vehicles, more than double its 2024 output. However, early 2025 deliveries might face limits due to capacity issues. Moreover, the company’s main concern is regulatory risks like IRA credit changes and tariffs that could hit gross margins by 7-12%. To mitigate these cost pressures, Lucid is localizing its supply chain. While it has agreed to deliver up to 100,000 vehicles to Saudi Arabia, North American deliveries should grow in the coming quarter. As such, Lucid Group, Inc. (NASDAQ:LCID) is among the best battery stocks.
8. BP p.l.c. (NYSE:BP)
Number of Billionaire Investors: 11
BP p.l.c. (NYSE:BP) operates as a global energy company working across oil, gas, renewables, and low-carbon solutions. The company runs through three main segments: Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products. It focuses on crude oil and natural gas production, refining, trading, EV charging, bioenergy, and carbon capture technology.
BP p.l.c. (NYSE:BP) reported $27.3 billion in operating cash flow and $38.0 billion in adjusted EBITDA for 2024. Yet Q4 which ended December 31, 2024, saw underlying replacement cost profit (RC) drop to $1.2 billion from $2.3 billion in Q3, hurt by weaker refining margins and higher seasonal costs. The quarter ended with a $2.0 billion net loss, mainly from impairment charges and lower prices. Regardless, BP was able to cut its net debt down to $23.0 billion, helped by $2.8 billion from divestments.
Despite incurring losses, the company observed strong performance in convenience stores and retail fuels, with growth in EV charging offsetting the losses. With the help of this, BP generated $5.8 billion in operating cash flow, which supported shareholder payouts. Furthermore BP p.l.c. (NYSE:BP) enhanced its portfolio by joining hands with JERA in a joint venture for offshore wind. Furthermore, it divested its non-core assets, cutting costs by $0.8 billion in 2024.
The company didn’t stop there as it approved ten major projects, including the Tangguh UCC project in Indonesia. BP also launched the Azeri Central East (ACE) platform in the Caspian Sea and formed Arcius Energy, a gas joint venture with XRG. Furthermore, BP p.l.c. (NYSE:BP) is focusing on growing its hydrogen business as it announced plans for the 100MW Lingen Green Hydrogen project in December 2024. As BP’s largest industrial green hydrogen plant and first fully owned facility, it could produce up to 11,000 tons of green hydrogen annually. With such developments in place, BP is among the best battery stocks to buy.
7. Albemarle Corporation (NYSE:ALB)
Number of Billionaire Investors: 11
Albemarle Corporation (NYSE:ALB) is a major force in the global energy storage sector, making essential lithium compounds for EV batteries and renewable energy storage. The company operates through three segments: Energy Storage, Specialties, and Ketjen. Furthermore, Albemarle’s lithium carbonate and hydroxide products are significant for battery makers to meet the rapidly rising demand for electric vehicles and grid storage solutions.
For Q4 ended December 31, 2024, Albemarle Corporation (NYSE:ALB) posted a revenue of $1.2 billion, which was a year-over-year decrease. This decrease was driven by a decline in the lithium prices. Still, adjusted EBITDA reached $251 million, with improvements recorded in all of the company’s segments.
Moreover, net sales totaled $5.4 billion for the full year, bolstered by a 26% YoY increase in lithium sales volumes. As a result of it, the company generated $702 million in operating cash flow, beating its target while cutting corporate costs and boosting cost efficiencies.
Albemarle Corporation (NYSE:ALB) is maintaining its financial stability through optimization of its lithium conversion network. The company plans to place its Chengdu lithium facility on care and maintenance by mid-2025, while making adjustments to its Qinzhou site’s production.
Despite the ongoing challenges across the market, Albemarle expects a slight volume increase in 2025, due to the progress of new projects and stable contract commitments. This is evident through the fact that the company was able to secure a $350 million customer prepayment for lithium sales over the next five years.
As lithium remains a crucial part of the EV supply chain, Albemarle Corporation (NYSE:ALB) is adamant about gaining long-term demand for battery materials as it puts confidence in its cost-cutting strategies and improved efficiency. Thus, Albemarle ranks among the best battery stocks.
6. Ford Motor Company (NYSE:F)
Number of Billionaire Investors: 13
Ford Motor Company (NYSE:F) is a top automotive global company, specializing in trucks, SUVs, and Lincoln luxury vehicles. The company’s strong footing in the EV market helps it bag a place in our list of the best battery stocks.
Ford Motor Company (NYSE:F) reported robust financial standing for Q4 ended December 31, 2024, with yearly revenue hitting $185 billion—its fourth straight growth year. The company beat analysts’ estimates with a recorded $0.39 EPS versus an expected $0.35 per share.
The company also achieved adjusted EBIT between $7-8.5 billion, powered by strong F-Series truck sales and hybrid sector growth. Its commercial segment, Ford Pro, expanded considerably with software subscriptions increasing 27% year-over-year. Moreover, Ford Motor Company (NYSE:F) pushes forward with transformation through cost-cutting and operational improvements despite the industry challenges. The Model e team contributed significantly, cutting costs by $1.4 billion last year, even after spending $100 million more on new battery plants for next-gen EVs.
Moreover, Ford has rolled out AI-driven manufacturing, tightened supplier accountability, and enhanced quality, leading to 18% improved vehicle quality for the 2025 model year. In addition to this, the company is increasing its focus on EVs, particularly smaller trucks where cheaper batteries improve affordability.
Going forward, Ford Motor Company (NYSE:F) continues to focus on reducing costs and innovating vehicles. The company identified over $1 billion in product design savings for 2025 while strategically developing hybrid and electric models. Although shifting trade policies and tariff changes could affect profits in 2025, the company expects growth through hybrid adoption, fleet services, and expanded digital offerings. Thus, it ranks among the best battery stocks to buy right now.
5. Shell plc (NYSE:SHEL)
Number of Billionaire Investors: 14
Shell plc (NYSE:SHEL) is a leading company dealing with energy and petrochemicals across Europe, Asia, Oceania, Africa, and the Americas. Its portfolio covers oil and gas exploration, refining, LNG trading, and low-carbon solutions like hydrogen and EV charging. The company is working on building Holland Hydrogen 1, a 200-megawatt facility, set to produce 80 tons of hydrogen daily from 2025 onwards.
Shell plc (NYSE:SHEL) reported a decrease in earnings for Q4 ended December 31, 2024, due to weaker margins in crude, LNG trading, and marketing, plus higher exploration write-offs. Shareholder-attributable income included a $2.2 billion net impairment charge and a $2.8 billion net loss from asset sales. Adjusted earnings reached $3.7 billion, with operating cash flow at $13.2 billion, boosted by $2.4 billion in working capital inflows. This translated into a yearly operating cash flow of $54.7 billion and a free cash flow of $39.5 billion, which demonstrates the company’s robust financial health.
Despite the challenging market, Shell plc (NYSE:SHEL) maintained robust shareholder returns of $22.6 billion in 2024—41% of operational cash flow. Furthermore, the company increased quarterly dividends by 4% to $0.358 per share and initiated a $3.5 billion buyback program. Shell also achieved $3.1 billion in cost cuts, meeting its 2023 Capital Markets Day targets early.
Shell advanced its key projects, starting off production at Whale in the Gulf of Mexico and Mero-3 FPSO in Brazil. It also formed the UK North Sea’s largest independent oil producer with Equinor, while finalizing the investment decision for Nigeria’s Bonga North deepwater project at the same time.
Shell plc (NYSE:SHEL) expects lower capital expenditure in 2025. While LNG liquefaction is projected at 6.6-7.2 million tons, Integrated Gas production should range from 1,750-1,950 thousand boe/d in 2025. Driven by hydrogen production and growing demand in the EV market, the company has established itself as one of the best battery stocks.
4. Chevron Corporation (NYSE:CVX)
Number of Billionaire Investors: 14
Chevron Corporation (NYSE:CVX) is a top integrated energy company that explores, produces, refines, and markets oil and gas. The company is simultaneously expanding into lower-carbon solutions such as hydrogen and carbon capture. Its current hydrogen production reaches about 1 million tons yearly through traditional operations.
For Q4 ended December 2024, Chevron Corporation (NYSE:CVX) reported earnings of $3.2 billion ($1.84 per share). Adjusted earnings hit $3.6 billion ($2.06 per share), falling short of the expected $2.42 per share. Despite this, cash flow remained strong, funding $27 billion in shareholder returns via dividends and buybacks in 2024. While upstream earnings suffered from asset retirement obligation changes and inventory impacts, downstream earnings weakened due to below-par refining and chemical margins. The company kept its capital efficiency with an organic CapEx of $16 billion and inorganic CapEx of $530 million, maintaining a 10% net debt ratio.
Furthermore, Chevron Corporation (NYSE:CVX) advanced its hydrogen initiatives with the Lost Hills Hydrogen Project in California, its first commercial hydrogen facility. This project will use solar power and non-potable water for hydrogen production, boosting its low-carbon energy efforts. The company is also preparing for Utah’s ACES green hydrogen project, one of the world’s largest hydrogen storage ventures. It will use over 200 megawatts of electrolyzer capacity to produce and store hydrogen for power generation.
Looking ahead, Chevron Corporation (NYSE:CVX) expects stable production in 2025, backed by Permian Basin growth and LNG projects. The company is focusing on capital discipline with a $16 billion CapEx target, emphasizing hydrogen, carbon capture, and renewable fuels. Despite shifting market trends, the company remains one of the best battery stocks to look for.
3. General Motors Company (NYSE:GM)
Number of Billionaire Investors: 15
General Motors (NYSE:GM) designs, builds, and sells vehicles—including trucks, crossovers, and EVs—and offers financing and after-sales services. Working through GM North America, GM International, Cruise, and GM Financial, the company kept its position as America’s top automaker in 2024, growing market share in both internal combustion engine (ICE) and EV segments.
In 2024 General Motors (NYSE:GM) posted a revenue increase of 9% to $187 billion, thanks to 6% higher wholesale volumes, and strong transaction prices, exceeding $50,000. Adjusted EBIT hit $14.9 billion, with EPS growing 38% year-over-year to $10.60 per share. For Q4 ended December 31, 2024, GM delivered $1.92 EPS, beating expectations. The company’s U.S. market share expanded to 16.5% in 2024 and 17.5% in Q4, maintaining strict pricing with the industry’s lowest incentives.
Moreover, the EV segment of General Motors Company (NYSE:GM) gained momentum, with North American production reaching 189,000 units. The segment turned variable profit-positive in Q4, driven by cost efficiencies and scaling, and in the future GM aims for 300,000 EV units in 2025, expecting a $2-4 billion boost in EV profits. The company adjusted its battery strategy, selling its stake in a plant to LG while improving Ultium platform efficiencies.
Moreover, GM has shifted focus from robotaxis at Cruise to personal vehicle autonomy, projecting $1 billion in yearly savings. It plans to double its Super Cruise-enabled fleet in 2025, with a target of $2 billion in subscription revenue within five years. Furthermore, the company eyes 300,000 EV units in 2025, while expecting an increase of $2-4 billion in the EV segment’s profitability.
At the same time, General Motors Company (NYSE:GM) is enhancing battery technology, extending its 14-year LG Energy Solution partnership to develop prismatic cell technology for future EVs. Still, regulatory uncertainties loom, as GM engages with policymakers on EV mandates and potential tariffs on Mexican and Canadian imports. Therefore, General Motors is among the best battery stocks to buy.
2. Exxon Mobil Corporation (NYSE:XOM)
Number of Billionaire Investors: 16
Exxon Mobil (NYSE:XOM), is a major integrated energy company that operates across upstream, downstream, and low-carbon solutions. It is expanding into decarbonized power for data centers, targeting the provision of low-emission energy to data centers, with initial operations planned by 2028. The company leverages its complete carbon capture, transport, and storage (CCS) system as a competitive edge in industrial decarbonization.
Despite market challenges, Exxon Mobil Corporation (NYSE:XOM) earned $34 billion in 2024—its third-best decade result. It generated $55 billion in operational cash flow due to strong Upstream and Product Solutions performances. However, for Q4 ended December 31, 2024, EPS dropped to $1.67 per share versus an expected $1.77 per share. Still, the company hit record production in the Permian Basin and Guyana, with Permian output projected to grow from 1.5 million barrels daily in 2024 to 2.3 million by 2030.
Exxon Mobil is moving forward with four CCS projects launching within the next two years. The company’s low-carbon segment, including CCS, hydrogen, and lithium should add $2 billion to earnings by 2030. These moves not only support cleaner energy growth but also use existing infrastructure for long-term profitability.
Thus, Exxon Mobil Corporation (NYSE:XOM) continues integrating low-carbon solutions while maintaining its conventional energy strength. With careful capital management and strategic investments, the company aims for sustained earnings growth. Furthermore, Exxon’s CCS and hydrogen expansion may strengthen its position as industries shift toward reduced emissions. As such, it is among the best battery stocks to buy.
1. Tesla, Inc. (NASDAQ:TSLA)
Number of Billionaire Investors: 21
Tesla, Inc. (NASDAQ:TSLA) creates and produces electric vehicles, battery storage, and solar energy products for global markets like the U.S. and China. The company has two main segments: Automotive and Energy Generation & Storage. It is expanding production and advancing clean energy technology. It finished Megafactory Shanghai in December 2024 and started production in February 2025.
Tesla, Inc. (NASDAQ:TSLA) earned $7.1 billion in 2024, with $2.3 billion from Q4 ended December 31, 2024. Non-GAAP income hit $8.4 billion for 2024 with operating cash flow at $14.9 billion, while Q4 generated $4.8 billion, pushing Tesla’s cash and investments to $36.6 billion. Moreover, the company cut costs, as total cost per vehicle expenses were below $35,000 in Q4, thanks to cheap input costs.
Tesla’s energy storage segment hit record profits in Q4 as Powerwall 3 production ramped across more markets. The company expects over 50% growth in storage deployments in 2025, helped by its Shanghai facility. Additionally, Tesla is improving Full Self-Driving, with an unsupervised version coming to Austin by mid-2025, and then expanding across the U.S. through 2026.
Looking ahead, Tesla, Inc. (NASDAQ:TSLA) aims to launch a cheaper EV by the end of the first half of 2025. It is also scaling Optimus humanoid robot production to thousands of units in 2025, with sales starting in 2026. Therefore, through investments in AI, vehicle production, and energy solutions, Tesla remains among the best battery stocks.
Overall, Tesla, Inc. (NASDAQ:TSLA) ranks first on our list of the Best Battery Stocks to Buy According To Billionaires. While we acknowledge the potential of TSLA, our conviction lies in the belief that certain 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 TSLA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
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