Investing in AI stocks isn’t easy. Generally, AI stocks have run up huge amounts across the past year and now stand at tough-to-stomach valuations, or companies are saying they have AI exposure but it’s not impacting their financial results. Across this past earnings season, we’ve seen plenty of semiconductor stocks with AI storylines sell off as weakness in other areas of technology (like smartphones or electric vehicles) overwhelm sales gains from AI.
Today, I want to introduce a stock I believe has legitimate AI tailwinds. While it has seen share gains recently, it trades for 18X trailing earnings, which is significantly cheaper than most stocks with AI exposure.
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