On January 8, Rashaun Williams, Atlanta Falcons limited partner and venture capitalist, joined “Closing Bell” on CNBC to discuss his investment strategy and his outlook on the IPO market as 2025 began. He acknowledged the high expectations for a revival in the tech sector’s IPO activity but noted that such optimism required multiple factors to align perfectly, something that had not yet occurred. Despite this, he emphasized the importance of holding onto optimism, as the tech IPO market continues driving innovation and economic growth. Williams highlighted that while the primary IPO market faced challenges, the secondary market had gained prominence, which provided liquidity for founders and employees. This ensured that companies could sustain themselves through downturns.
Williams also discussed his perspective as an alternative investment manager and noted a shift in investor interest toward alternative assets. Over the past year, he observed heightened enthusiasm for late-stage tech companies, particularly those focused on AI and cybersecurity. These sectors have been pivotal in driving activity within his portfolio and funds. He emphasized that late-stage AI companies are generating substantial interest due to their transformative potential and alignment with current technological trends.
On the same day, Keith Fitz-Gerald, principal of Fitz-Gerald Group, also appeared on CNBC on ‘The Exchange’ to discuss his bullish case for tech. As 2025 began, the tech sector experienced a notable decline, with the NASDAQ 100 falling 1.5%, largely due to NVIDIA’s 5% drop, which shaved 90 points off the index. Despite this, Fitz-Gerald viewed the downturn as an opportunity. He highlighted the imminent monetization of AI and described the recent rally as child’s play, and predicted that the S&P 500 could exceed 7,000 by midyear, which was a bold claim grounded in his belief in the strength of US-based AI companies with dominant market positions and profit margins.
On concerns about high valuations, he acknowledged historical trends linking elevated P/E ratios to lower returns but argued that this is misleading for digital companies. He explained that businesses benefiting from economies of scale, like those in AI, naturally exhibit higher P/E ratios due to minimal costs for acquiring incremental customers. This signal strength rather than overvaluation. He dismissed concerns about the current market softness and characterized it as a technical sell-off due to large traders reallocating funds rather than a reflection of weak fundamentals. He said that AI’s expansion and the trillions being invested into it mark only the beginning of a transformative era for tech.
As experts remain confident in the potential of tech as well as the IPO market going into 2025, we’re here with a list of the 15 best new tech stocks to invest in.
Methodology
We first used the Finviz stock screener to look for companies that went public in the past 3 years. We sorted our screen by IPO date and market cap and looked through the top 35 stocks that recently went public and are trading at a valuation of over $1 billion. We then selected 15 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q3 2024.
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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
15 Best New Tech Stocks To Invest In
15. Nayax Ltd. (NASDAQ:NYAX)
Market Capitalization as of January 21: $1.3 billion
Number of Hedge Fund Holders: 3
Nayax Ltd. (NASDAQ:NYAX) is a global fintech company that provides payment solutions and management platforms to industries like vending, retail, and EV charging. It offers hardware, software, and mobile applications, which enable businesses to streamline operations and enhance customer engagement.
The company achieved a record revenue of $83 million in Q3 2024, recording a 38% year-over-year increase. This was fueled by expansion among new and existing customers. The recurring revenue surged 49% due to strong customer retention and increasing transaction value. Nayax Ltd. (NASDAQ:NYAX) added ~91,000 customers in the quarter, while its installed base of managed and connected devices grew to 1,230,000, a 40% year-over-year increase. The company anticipates reaching its medium-term revenue growth target of 35% due to its customer-centric approach.
It’s also set to unveil its “Retail Your Way” initiative at the upcoming NRF 2025 retail industry conference. This underscores its dedication to scalability, customer-centricity, and flexibility. Since acquiring Retail Pro International, it has enhanced its retail offerings with flexible on-premise and cloud-based architecture, innovative marketing tools, and advanced loyalty programs. On January 19, Jefferies analyst Hannes Leitner upgraded Nayax Ltd. (NASDAQ:NYAX) to Buy, while KBW maintained its Buy rating on January 6, with a price target of $33.00.
14. Life360 Inc. (NASDAQ:LIF)
Market Capitalization as of January 21: $3.24 billion
Number of Hedge Fund Holders: 10
Life360 Inc. (NASDAQ:LIF) is a location technology platform that connects people, pets, and belongings globally. Its freemium mobile app offers basic tracking, while premium plans add safety features, driving insights, and emergency assistance. It expands its location tracking services by selling complementary hardware like Tile trackers and Jiobit wearables.
The company reported record Q3 2024 results due to the growth in subscriptions and advertising. Its Monthly Active Users (MAUs) grew 32% year-over-year to 76.9 million, and Paying Circles increased by 159,000, a 35% rise. Subscription revenue rose 27% to $71.8 million. Life360 Inc. (NASDAQ:LIF) made progress in its advertising business, notably through its partnership with Uber. This demonstrated the potential of its contextual data for targeted ads. Early results suggest advertising could become a major revenue stream, complementing subscriptions.
Its stock surged 7% on January 17 after UBS upgraded it to Buy from Neutral. UBS is optimistic about the company’s medium-term ad revenue growth, believing it could outpace market expectations. This optimism is driven by the company’s ad technology, its valuable user data, and accelerating monthly active user growth within its subscriber base. UBS raised its price target to $55 from $52.
13. SoundHound AI Inc. (NASDAQ:SOUN)
Market Capitalization as of January 21: $5.04 billion
Number of Hedge Fund Holders: 11
SoundHound AI Inc. (NASDAQ:SOUN) develops voice AI solutions that empower businesses across various sectors to deliver conversational experiences to customers. Its platform offers tools like Houndify, SoundHound Chat AI, and Smart Answering, all of which enable businesses to create custom voice assistants and enhance customer service.
In mid-December 2024, Dan Ives raised his price target on the company to $22, maintaining an Outperform rating. The Wedbush analyst is optimistic about its growth, as it’s positioned to benefit from rising enterprise AI demand and is making strides in gaining market share.
In Q3 2024, enterprise AI demand surged, with revenue growing 89% year-over-year, surpassing $25 million. The company’s AI-powered customer service solutions, which are embedded in hundreds of enterprise brands, drive an annualized run rate of over 6 billion queries. This has more than doubled year-over-year.
On January 2, Lucid, which develops advanced EVs, launched the Lucid Assistant. Powered by the SoundHound Chat AI platform, this new hands-free assistant enables customers to control various vehicle functions using voice commands. The integration of GenAI enhances user experience with interactive knowledge, real-time data, and in-vehicle controls. It allows drivers to ask questions conversationally and receive accurate responses for vehicle functionality and features like navigation.
12. Ibotta Inc. (NYSE:IBTA)
Market Capitalization as of January 21: $2.21 billion
Number of Hedge Fund Holders: 17
Ibotta Inc. (NYSE:IBTA) is a technology company that operates the Ibotta Performance Network (IPN), which is a platform that connects packaged goods brands with consumers through digital promotions. This platform enables brands to deliver targeted promotions to consumers while offering valuable rewards to users.
In the third quarter of 2024, the company’s largest growth driver was the rapid expansion of its IPN, with redeemers increasing 63% as compared to the year-ago period. This led to a record 15.3 million redeemers and nearly 100 million total redemptions, contributing to a 32% year-over-year increase in redemption revenue. Redemption revenue accounted for 86% of total revenue.
The partnerships with Schnucks and Instacart are also pivotal. Schnucks, deployed in a record 90 days, is live at 115 locations, while Instacart is expected to be fully integrated by year-end. These partnerships integrate Ibotta Inc.’s (NYSE:IBTA) digital offers into their platforms, which enhance consumer savings opportunities. Schnucks features Ibotta Inc. (NYSE:IBTA) offers through electronic shelf labels, while Instacart is expanding offers to all its customers. These advancements are expected to drive increased investment from both large and emerging brands, and hence drive growth at the company.
Baron Small Cap Fund reiterated its confidence in the company’s leadership in consumer rewards despite short-term headwinds. This increased its position at an attractive valuation due to new partnerships and a strong growth outlook. Here’s what the firm said regarding Ibotta Inc. (NYSE:IBTA) in its Q3 2024 investor letter:
“Ibotta, Inc. (NYSE:IBTA) stock traded down in the quarter, due to short-term headwinds (primarily in display advertising, which is not an area of focus for the company). We retain conviction that Ibotta will remain the leader in consumer rewards and incentives, with multiple drivers to reach greater than 20% revenue growth per year and strong incremental profitability. Beyond continued initiatives in ramping their partnership with Walmart, Ibotta announced a partnership with Instacart, which validates our belief that Ibotta can be the aggregated platform for consumer incentives. We believe there is a strong pipeline of retailers and brands to join the Ibotta ecosystem. As a result, we added to our Ibotta position when the stock was trading at around 7 times next year’s EV/EBITDA, which we think is inexpensive for a market leader with a strong financial profile.”
11. Oddity Tech Ltd. (NASDAQ:ODD)
Market Capitalization as of January 21: $2.55 billion
Number of Hedge Fund Holders: 18
Oddity Tech Ltd. (NASDAQ:ODD) is a consumer technology company that creates and scales digital-first beauty and wellness brands. With the help of AI and data science, it develops innovative products and delivers them directly to consumers globally through its online platform. It also conducts research at ODDITY LABS.
Unlike competitors, its D2C model delivers consistent growth due to early investments in AI/ML technology. The company’s 50+ million user base fuels its AI/ML engine. Its models analyze user behavior, which leads to a 20% increase in conversion rates and a 15% year-over-year increase in customer lifetime value. Its R&D center in Tel Aviv employs top AI/ML talent, which makes up 40% of the company’s platform team. AI/ML initiatives include personalized recommendations which result in a 5% reduction in customer churn rate.
ODDITY LABS focuses on AI-powered solutions for drug discovery, personalized skincare, and novel beauty technologies. Early projections indicate a potential 20% increase in new product development success rates. Oddity Tech Ltd. (NASDAQ:ODD) uses data-driven insights to drive market leadership in the evolving beauty landscape. On January 21, the company acquired Fionic1’s tech IP, including its advanced AI modeling capabilities. Fionic1’s tech IP refers to its intellectual property, specifically its advanced AI algorithms and technology used for modeling real-time data. Fionic joined Oddity Tech Ltd. (NASDAQ:ODD) to enhance its AI models for consumer applications.
10. Rubrik Inc. (NYSE:RBRK)
Market Capitalization as of January 21: $12.58 billion
Number of Hedge Fund Holders: 23
Rubrik Inc. (NYSE:RBRK) provides data security solutions that protect businesses from data loss and cyber threats. Its offerings include data protection for various environments, threat analytics, and cyber recovery solutions, and serves various industries globally.
Barclays analyst Saket Kalia raised its Rubrik Inc. (NYSE:RBRK) price target to $78 from $70 on January 6, maintaining an Overweight rating. The analyst’s outlook comes from the improving market conditions, AI opportunities, and potential margin growth within the security software sector. Wall Street analysts believe that the company is positioned to gain market share from traditional data backup providers. As companies increasingly prioritize cyber resilience strategies over simple prevention, this company’s integrated platform offers a compelling solution.
The company is growing through security enhancements and a customer-centric approach. Partnerships with cybersecurity leaders like Mandiant, CrowdStrike, and Zscaler further solidify its reputation. Its cloud-native platform facilitates seamless data management and protection across diverse infrastructures, which is a key advantage over legacy solutions.
ClearBridge SMID Cap Growth Strategy participated in Rubrik Inc.’s (NYSE:RBRK) IPO and highlighted the company’s growth, market share gains, and potential for expansion through AI-powered data security solutions. It stated the following regarding the company in its Q2 2024 investor letter:
“The IPO and capital markets have begun to rebound, albeit slowly, providing new investment opportunities and idea generation. In fact, this quarter saw our first IPO participation since the capital markets fervor of 2021 with data security provider Rubrik, Inc. (NYSE:RBRK). Rubrik, meanwhile, is a next-generation data storage, backup and recovery provider showing strong, double-digit subscription revenue growth. We believe its cloud-based offerings have resonated with its Fortune 500 customer base, positioning it well to continue to take share from legacy data backup providers. The introduction of new AI data security products could offer an additional revenue source to Rubrik’s business.”
9. Diebold Nixdorf Inc. (NYSE:DBD)
Market Capitalization as of January 21: $1.67 billion
Number of Hedge Fund Holders: 24
Diebold Nixdorf Inc. (NYSE:DBD) is a technology company that enables connected commerce. It provides innovative solutions for the banking and retail industries. These include ATMs, self-service kiosks, point-of-sale systems, and software that enhance customer experiences and streamline operations.
The company’s AI-powered solution called the Vynamic Smart Vision I Shrink Reduction, is making a significant impact on self-service checkout operations for Groupement Mousquetaires, which is a leading French retail group. This technology addresses fraud at self-service checkouts. It uses real-time customer behavior analysis to detect common causes of loss, like unscanned items, stacked items, and customers leaving without paying.
The pilot program at the La Farlède store yielded impressive results. Erroneous transactions were reduced from 3% to less than 1%, which highlighted the effectiveness of AI technology. Cashier interventions also dropped by nearly 15%. The solution is now positioned for wider implementation across the group’s stores. It will drive future growth for Diebold Nixdorf Inc. (NYSE:DBD) by attracting new customers and expanding market share.
8. Klaviyo Inc. (NYSE:KVYO)
Market Capitalization as of January 21: $10.83 billion
Number of Hedge Fund Holders: 24
Klaviyo Inc. (NYSE:KVYO) provides customer data and marketing automation platforms. Its cloud-native platform empowers businesses of all sizes to deliver personalized email, SMS, and push notifications. This drives customer engagement and boosts revenue.
The company now relies on AI to drive growth, which includes features like RFM (recency, frequency, and monetary value) analysis, product analysis, and AI-powered content creation tools. In the high-end market, businesses like Authentic Brands Group and Dragon-Bone are choosing Klaviyo Inc. (NYSE:KVYO) to modernize their tech stacks and use AI for a competitive advantage. On January 6, the company introduced AI-powered features to revolutionize how B2C marketers use customer data. These advancements empower marketers to personalize at scale and simplify decision-making.
It’s well-positioned for growth with a focus on international expansion, product innovation, and strategic partnerships. While near-term net revenue retention may be impacted by macroeconomic pressures, Klaviyo Inc. (NYSE:KVYO) remains confident in its long-term growth prospects. In Q3 2024, it made a revenue of $235 million, which is a 34% year-over-year increase.
7. OneStream Inc. (NASDAQ:OS)
Market Capitalization as of January 21: $5.9 billion
Number of Hedge Fund Holders: 24
OneStream Inc. (NASDAQ:OS) provides corporate performance management (CPM) software. Its solutions streamline financial processes. These include consolidation, planning, budgeting, and reporting, which enable businesses to gain valuable insights and make data-driven decisions.
On January 16, Morgan Stanley upgraded the company’s stock rating from Equal-weight to Overweight, with a new price target of $37. Morgan Stanley praised its business and management team, noting the company’s core data platform’s market potential and strong financials. OneStream Inc.’s (NASDAQ:OS) stock has been trading lower than its peers since its IPO. Morgan Stanley sees this as an opportunity for investors to buy into a top-tier platform at a reasonable price.
The upgrade is also supported by anticipated growth for OneStream Inc. (NASDAQ:OS) in 2025. This includes the demand for enterprise resource planning (ERP) software, the increased popularity of its SensibleML product (which uses AI for things like forecasting and budgeting), and the possibility of improving how it prices and packages offerings. It’s modernizing finance with its AI-powered cloud platform, which drove 39% subscription revenue growth in Q3 2024.
ClearBridge Mid Cap Growth Strategy participated in OneStream Inc.’s (NASDAQ:OS) IPO and mentioned its growth potential as a leading provider of back-office solutions for CFOs. Here’s what it said in its Q3 2024 investor letter:
“We are encouraged by the high proportion of positive returns on new ideas added over the last five quarters of elevated new idea generation, with solid contributions to overall performance despite their representing a modest portion of the Strategy’s assets.
We continued to deliver strong new idea generation, adding four new investments in the quarter: OneStream, Inc. (NASDAQ:OS) (through participating in its IPO), Abercombie & Fitch, Wintrust Financial, and FTAI Aviation.
OneStream is a horizontal software company focused on back-office solutions for the office of the CFO. With a largely organically built platform offering, selling to the enterprise and competing against a variety of entrenched legacy providers, OneStream offers best-in-class growth and ramping profitability.”
6. Kaspi.kz (NASDAQ:KSPI)
Market Capitalization as of January 21: $17.6 billion
Number of Hedge Fund Holders: 26
Kaspi.kz (NASDAQ:KSPI) is a digital platform in Kazakhstan that offers a one-stop shop for payments, online shopping, and financial services. It connects consumers and merchants through a user-friendly app. This facilitates payments, marketplace transactions, and access to financial products like BNPL (buy now, pay later) and loans.
Its Fintech segment demonstrated strong growth in Q3 2024, with revenue up 24% and net income up 15% year-over-year. This is attributed to a reduction in interest rates and the increasing impact of AI-driven advancements. AI-powered risk assessment and credit scoring models are also enabling this growth. These models lead to increased loan origination while maintaining a stable cost of risk. Loan portfolio grew by 39% year-over-year in the third quarter. This outpaced deposit growth of 25%, which resulted in a higher loan-to-deposit ratio of 8%.
Fintech is poised for continued growth, with revenue projected to increase by ~20% for the full year. Continued advancements in AI, coupled with the ongoing impact of lower funding costs, are expected to enhance profitability in the coming quarters.
5. NCR Atleos Corp. (NYSE:NATL)
Market Capitalization as of January 21: $2.39 billion
Number of Hedge Fund Holders: 27
NCR Atleos Corp. (NYSE:NATL) provides financial technology solutions and specializes in self-service banking, ATM networks, and managed network services. It offers several products and services, including ATMs, ITMs, network solutions, and professional services. Its customers include financial institutions, retailers, and other enterprises globally.
The company received a Buy rating from Compass Point on 23 December 2024, with a price target of $57. This bullish outlook is based on a forecast of its free cash flow reaching $418 million by the end of FY26 and a market capitalization/free cash flow multiple of 10x. The company is considered to be in a strong market position with a 36% market share in the ATM sector and is well-equipped to benefit from the demand for managed services and ATM as a Service (ATMaaS) products. The firm anticipates that its ARPU will rise from 5.1 in 2024 to 5.9 by 2026 in the self-service banking segment.
In the third quarter of 2024, NCR Atleos Corp. (NYSE:NATL) made $1.08 billion in revenue driven by the ATMaaS business. ATMaaS revenue surged 23% year-over-year to $49 million in the quarter, driven by a 46% increase in live customers and expansion into 10 new markets. This growth translated to a 19% increase in gross profit to $16.1 million. While the current focus is on maximizing revenue per unit, the long-term goal is to expand the services provided to customers, leading to growth potential.
4. Credo Technology Group Holding Ltd. (NASDAQ:CRDO)
Market Capitalization as of January 21: $13.21 billion
Number of Hedge Fund Holders: 30
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) provides high-speed connectivity solutions for data centers and networking applications. It develops and delivers innovative optical and electrical interconnect solutions (including SerDes, PHY chips, and active cables) to different hyperscalers, OEMs, and other key players in the industry. Its solutions enable fast and reliable data transfer.
Stifel analyst Tore Svanberg raised the price target on the company to $85 from $80 while maintaining a Buy rating. Stifel emphasized the importance of active copper technology over optical and passive cable solutions. The firm believes that Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is positioned to capitalize on the growing AI-driven data center spending. It made a record revenue of $72 million in FQ2 2025 due to the demand for its AEC (Active Electrical Cable) products.
AI-driven data center architectures necessitate high-speed, reliable, and power-efficient connectivity solutions. Credo Technology Group Holding Ltd.’s (NASDAQ:CRDO) AECs excel in this environment by offering superior performance compared to traditional optical solutions. These AECs eliminate Link Flaps, which are momentary disruptions in network links that are costly in AI clusters due to significant downtime and loss of productivity. The company anticipates growth in AEC demand as AI deployments accelerate across the data center ecosystem.
TimesSquare Capital Management expressed its preference for companies like Credo Technology Group Holding Ltd. (NASDAQ:CRDO) that provide critical systems and benefit from growing IT budgets. The firm highlighted its Q2 performance and positive outlook which is driven by AI spending. Here’s what the Q2 2024 investor letter stated:
“Among the wide variety of Information Technology companies, we prefer critical system providers, specialized component designers, systems that improve productivity or efficiency for their clients, and others that closely tie to increasing shares of corporate IT budgets. Credo Technology Group Holding Ltd (NASDAQ:CRDO), a supplier of high-speed connectivity solutions, surged ahead by 51%. The company reported inline April quarter results and management’s July quarter guidance met expectations; AI spending is a growth driver.”
3. Arm Holdings (NASDAQ:ARM)
Market Capitalization as of January 21: $156.87 billion
Number of Hedge Fund Holders: 38
Arm Holdings (NASDAQ:ARM) is a technology company that designs and licenses the blueprints for processors that are found in billions of devices worldwide. These include everything ranging from smartphones and tablets to cars and the Internet of Things.
Armv9 is the latest generation of the company’s processor architecture. It is designed to power the next wave of AI-driven devices. Armv9 is the primary driver of the company’s growth and commands about double the royalty rate of its predecessor, Armv8. It contributes around 25% of Arm Holdings’ (NASDAQ:ARM) total royalty revenue. In the mobile segment, Armv9-based chips have fueled a 50% year-over-year increase in smartphone royalty revenue in FQ1 2025. In data centers and automotive applications, the adoption of Armv9-based server chips is driven by superior performance-per-watt. This contributes to revenue growth in the cloud computing sector.
Susquehanna raised its price target on Arm Holdings (NASDAQ:ARM) to $140 from $118 while maintaining a Neutral rating. The firm updated its semiconductor models to reflect 2025 wafer fab equipment spending of $94 billion, which was down 6% year-over-year while forecasting 6% growth in 2026. Still, Susquehanna expects increased test time and end-market demand diversification to support the company’s growth.
2. Astera Labs Inc. (NASDAQ:ALAB)
Market Capitalization as of January 21: $21.14 billion
Number of Hedge Fund Holders: 39
Astera Labs Inc. (NASDAQ:ALAB) develops semiconductor solutions for high-performance computing and specializes in intelligent connectivity for cloud and AI infrastructure. Its technology optimizes data flow within complex systems and enables faster and more efficient data processing.
Morgan Stanley downgraded its stock to Equal Weight on January 21 and reiterated a $142 target price because it believes that the market has already factored in the positive impact of the company’s new PCIe switches. The competition from Nvidia’s Blackwell platform and other players challenges the company as well. Despite these concerns, Morgan Stanley expects Astera Labs Inc. (NASDAQ:ALAB) to surpass financial projections in the upcoming quarter due to increasing ASIC sales.
The company’s Q3 2024 revenue surged 47% sequentially to a record $113.1 million due to the demand for its Aries and Taurus products. These are product lines for high-speed data transmission within data centers, with Taurus specifically focusing on 400-gig Ethernet applications. The company also initiated preproduction shipments of its new Scorpio Smart Fabric Switch family in Q3. It is designed for high-speed PCIe Gen 6 connectivity in AI systems. This growth reflects the importance of high-bandwidth connectivity solutions.
1. Core Scientific Inc. (NASDAQ:CORZ)
Market Capitalization as of January 21: $4.19 billion
Number of Hedge Fund Holders: 58
Core Scientific Inc. (NASDAQ:CORZ) provides digital asset mining services in North America. It operates data centers, provides hosting services for cryptocurrency miners, and mines digital assets. This supports the growth of the cryptocurrency industry.
The company improved its position in the high-performance computing (HPC) market by expanding its capacity. It reallocated 100 megawatts of infrastructure previously used for bitcoin mining to HPC. It also partnered with CoreWeave to enhance its financial position. This partnership involves a 12-year contract where Core Scientific Inc. (NASDAQ:CORZ) will provide 200 megawatts of infrastructure to host CoreWeave’s HPC operations using its existing data centers and infrastructure.
The company’s existing power infrastructure and data centers provide a competitive advantage in the AI/HPC space due to the increasing scarcity of power and the growing demand for AI computing resources. Roth Mkm recently initiated coverage on Core Scientific Inc. (NASDAQ:CORZ) with a Buy rating and a $25.50 price target.
While we acknowledge the growth potential of Core Scientific Inc. (NASDAQ:CORZ), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CORZ 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 Complete List of 59 AI Companies Under $2 Billion in Market Cap.
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