5 Best Artificial Intelligence Stocks Under $20 According To Analysts

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1. Infobird Co., Ltd (NASDAQ:IFBD)

Average Estimated Price Target: $12.47

Number of Hedge Fund Holders: N/A

Average Upside Potential: 2,126.79%

Infobird Co., Ltd (NASDAQ:IFBD) is a Chinese company that provides artificial intelligence enabled customer engagement solutions to its clients. The company’s services include cloud-based customer relationship management (CRM) services, SaaS, and business process outsourcing. Infobird Co., Ltd (NASDAQ:IFBD) also offers AI-powered cloud-based sales force management software, including intelligent quality inspection and intelligent training software to help clients monitor, benchmark, and improve the performances of their agents. Its corporate clients come from a range of industries, including finance, education, public services, healthcare, and consumer products. Infobird Co., Ltd (NASDAQ:IFBD) is one of the best AI stocks under $20. 

On February 24, Infobird Co., Ltd (NASDAQ:IFBD) revealed the details of its registered direct offering, which consists of roughly 3.85 million units. Each unit contains one ordinary share and 0.65 warrants to purchase one ordinary share. The units were sold at a price of $1.30 per unit. The warrants can be exercised immediately upon issuance and have an exercise price of $1.30. They will expire five years after issuance. The offering is expected to generate gross proceeds of approximately $5 million, and it concluded on February 28, 2023.

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