Top 10 AI Stocks in the Spotlight This Week

7. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Fund Holders: 126

Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. On April 18, Barclays lowered the firm’s price target on the stock to $275 from $325 and kept an “Equal Weight” rating on the shares. Even though Tesla’s stock situation is a bit unclear, the firm believes it still has the potential to outperform. Barclays also sees potential for CEO Elon Musk to reengage with the company, with the planned launch of unsupervised and driverless full self-driving in Austin in June driving additional excitement.

“The good narrative could outweigh weak fundamentals.”