12 NASDAQ Stocks with Biggest Upside Potential According to Analysts

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7. VEON Ltd. (NASDAQ:VEON)

Average Upside Potential as of November 21: 102.38%

VEON Ltd. (NASDAQ:VEON) is a multinational telecommunication and digital services company, providing a range of connectivity and internet services in several countries. It offers mobile and fixed-line telecommunications, as well as various digital services including financial technology and entertainment platforms. It’s committed to enhancing digital infrastructure in its markets and has recently focused on expanding its offerings through partnerships and innovative solutions.

The company is significantly focused on AI as part of its strategy to enhance customer experiences and drive business growth. Through its AI1440 framework, it aims to integrate AI into daily life, developing local language models to support under-resourced languages in its markets, such as Urdu in Pakistan. it employs augmented intelligence to personalize services and improve customer interactions, while also using AI for data analytics to support local businesses, like optimizing retail experiences in Uzbekistan.

VEON Ltd. (NASDAQ:VEON) recently launched Hambi, an AI-powered super app in Uzbekistan. This all-in-one platform offers services like e-health, car insurance, digital marketplaces, travel, entertainment, fintech, and gaming. Hambi aims to provide a seamless user experience and personalized recommendations through AI-powered features. This launch aligns with the company’s Digital Operator 1440 strategy, which focuses on delivering essential digital services to customers.

With a focus on AI-powered initiatives like Hambi, it is well-positioned to capitalize on the growing demand for digital services in its markets.

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