Recently, everyone is talking about AI. So which companies to buy and is it worth it now? At the moment, leader among commercial implementation of artificial intelligence is a non-public company OpenAi. Microsoft ( MSFT ) has made a big contribution to development of OpenAi - therefore its a direct beneficiary of spread of GPT chat.
📱 The rest of Big Tech shares: NVDIA, Tesla, Meta - also have a direct participation in development and popularization of AI. That is, now AI is about the growth of Big Tech shares, which have already grown by + 50+70% since the beginning of this year! It's a lot. For example, Apple is generally ~4-5% of its historical maximum 😱
In context of incoming data, we see that conditions in world's economies are destroying, which means that IT sector will not be able to pull market for a long time and will go into correction. Sp500 will also go down accordingly. And this means that the hype around AI will soon cool down ♨️
But, we would like to highlight one company that will be interesting in the medium term. She is engaged in development and training of AI. ➖ Of the minuses, the company has no profit. Strongly overbought by P/S ~12 (up 200% YtD).
➕ The company has no debt. There is a very promising direction. There is a revenue of $266 million. Huge stock volumes starting in 2023 📊
The next report will be June 1st. If the company makes a profit, there is a chance to grow by +50%, but then the stock will fall.
✳️ Buy limit orders: $25, $20, $17 📈 Growth potential: up to 200% by the end of the year. 📉 Downside potential: up minus 50% by the end of summer.
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👀 Торговые идеи это хорошо, но гораздо важнее торговая стратегия, которая приумножит твой капитал.
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