We recently published a list of 10 AI Stocks Dominating Wall Street. In this article, we are going to take a look at where MicroStrategy Incorporated (NASDAQ:MSTR) stands against other AI stocks dominating Wall Street.
Representatives from around the world are going to be attending the Artificial Intelligence (AI) Summit at the Grand Palais on 10–11 February 2025. The summit will focus on harnessing the power of AI systems as well as the risks posed by them. From heads of state and government and leaders of international organizations to business leaders, as well as representatives from academia, civil society, and the arts, it would seem everyone related to the artificial intelligence world is to attend. However, that’s not quite true.
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Reuters has recently reported that the U.S. delegation to the AI Summit will not include technical staff from the country’s AI Safety Institute. Vice President JD Vance is leading the U.S. contingent to France, with attendees including members of the White House Office of Science and Technology Policy: Principal Deputy Director Lynne Parker and Senior Policy Advisor for Artificial Intelligence Sriram Krishnan. However, Homeland Security and Commerce Department officials are not going to be there, particularly the representatives of the U.S. AI Safety Institute trips have been canceled.
The AI Safety Institute, created under former President Joe Biden, was created to mitigate certain risks from AI, having signed agreements with U.S. startups OpenAI and Anthropic for safety testing. The absence of these representatives implies that the Commerce Department, in which the Safety Institute resides, is still in the transition phase after Trump’s inauguration.
Regarding the discussion on AI, Prof Gina Neff from the Minderoo Centre for Technology and Democracy said that there is currently “a vacuum for global leadership on AI”.
Another professor from Southampton University seems to agree:
“DeepSeek made everybody realize that China is a force to be reckoned with,” says the computer scientist. We don’t have to just go along with what the big companies on the West Coast are saying. We need global dialogue.”
-Prof Dame Wendy Hall, Southampton University.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.
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).
A software engineer wearing a headset, collaborating with a remote team on a project.
MicroStrategy Incorporated (NASDAQ:MSTR)
Number of Hedge Fund Holders: 25
Strategy, formerly known as MicroStrategy Incorporated (NASDAQ:MSTR), offers AI-powered enterprise analytics software and services. It is the largest corporate holder of Bitcoin and the world’s first Bitcoin Treasury Company. On February 6th, Mark Palmer from Benchmark Co. reiterated a Buy rating on the stock with a price target of $650.00. Palmer’s buy rating stems from Strategy’s strategic focus and financial performance. The company has recently rebranded its name to “Strategy”, implying an increased focus on Bitcoin and artificial intelligence as the two main transformative technologies of the industry. The firm noted that the rebranding particularly reflects a commitment to aggressively acquiring Bitcoin, noted by the increased BTC Yield target for 2025. The introduction of new key performance indicators, namely BTC Gain and BTC $ Gain, reflects the value generated from MicroStrategy (NASDAQ:MSTR)’s bitcoin treasury operations. Even though there is a projected decrease in the BTC $ Gain target for 2025 compared to 2024, Strategy’s focus on bitcoin acquisition remains intact.
Overall, MSTR ranks 8th on our list of AI stocks dominating Wall Street. While we acknowledge the potential of MSTR as an investment, our conviction lies in the belief that some 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 MSTR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
