35 Trending AI Stocks on Latest Analyst Ratings and News

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29. SBA Communications Corporation (NASDAQ:SBAC)

Number of Hedge Fund Holders: 45

SBA Communications Corporation (NASDAQ:SBAC) is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems, and small cells. As companies implement AI systems and edge computing technologies to process large volumes of data in real time, SBA’s extensive network of towers and infrastructure becomes essential in facilitating the low-latency communication that these systems require. SBA’s towers are also critical for enabling 5G networks, which are important for AI applications in sectors like autonomous vehicles, smart cities, and IoT devices. Barclays recently raised the price target on the stock to $256 from $236 and kept an Equal Weight rating on the shares.

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