Top 8 Trending AI Stock Updates On Wall Street Today

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1. GE HealthCare Technologies Inc. (NASDAQ:GEHC)

Number of Hedge Fund Holders: 64

GE HealthCare Technologies Inc. (NASDAQ:GEHC) is a leading provider of healthcare solutions, new-age medical technology, cloud-first AI-enabled solutions, and data analytics services worldwide.

On March 20th, GE HealthCare (NASDAQ:GEHC) launched AI-powered Invenia Automated Breast Ultrasound (ABUS) Premium, which is a non-invasive, 3D ultrasound solution designed to accelerate supplemental screening and streamline readings on patients with dense breasts. The AI-driven technology offering can manage high patient volumes, deliver exceptional image quality, and help physicians better examine test results even remotely.

“Women with dense breasts often face poorer outcomes due to malignancies detected at later, more advanced stages. Invenia ABUS Premium equipped with AI has the potential to optimize clinicians’ screening capabilities, enabling them to detect even small, early-stage cancers with a high degree of confidence in women with dense breasts. Invenia ABUS Premium is designed to help deliver the best possible outcomes for patients while also prioritizing the patient experience with features to improve scan speed and enhance comfort during an exam.”

-said Karley Yoder, CEO of Comprehensive Care Ultrasound at GE HealthCare Technologies Inc.

While we acknowledge the potential of GE HealthCare (NASDAQ:GEHC) as an investment, our conviction lies in the belief that 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 GEHC 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 30 Best Stocks to Buy Now According to Billionaires.

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