Amid AI enthusiasm, is there still room for AI-related stocks to rise in the US market? Goldman's 4 directions
The rapid rise of generative artificial intelligence (AI) has brought enthusiasm to Wall Street in the US. $NVIDIA(NVDA.US$AI-related stocks, led by, are rapidly rising across the board.
However, the rush to raise profits with this new technologyIt's not necessarily a “bubble”Investors and strategists say. Joseph Zappia of LVW Advisors said, “Individual investors' interest has not yet reached the point where a bubble will occur. The crypto asset boom was in a completely different dimension,” he said.
Meanwhile, according to Banda Research, a research company that analyzes trading trends of US individual investors, they are actively buying AI-related stocks in the US stock marketThere aren't many individual investors yetIt's called.Institutional investors are the main buyers of AI-related stocksI added that.
At the end of last year, the 10-day moving average of individual investors' capital inflows into AI-related stocks was about 250 million dollars. Since then, the inflow of funds has slowed, and currently it has declined to about $100 million.
According to Jessica Rabe, co-founder of DataTrek Research,If individual investors enter AI investment, transactions will become even more active and there is room for further price increasesIt's called.
According to Goldman Sachs's Dane, at least in order to find the next promising AI stock4 waysIt is said that there is.
1. “Pick & Shovel” brand that provides tools necessary for AI development
Dane manufactures chips used to connect data centers $Marvell Technology(MRVL.US$, a software company focusing on electronic design automation (EDA) $Cadence Design Systems(CDNS.US$and provides memory chips for AI workloads $Micron Technology(MU.US$I've listed them.
2. Data technology companies
There are many companies that think that AI models can be trained using in-house data to prevent leakage of corporate secrets. This requires “cleaning and sandboxing” the data, $Snowflake(SNOW.US$Ya $Datadog(DDOG.US$He says it will be a tailwind for companies that support corporate information management and analysis, such as
3. Enhanced AI security
Since the risk of misuse such as automated cyber attacks is increasing, it is a big “business opportunity” for cybersecurity companies. According to Dane, who are the top candidates for preventing new threats $Palo Alto Networks(PANW.US$It has a large database of attack vectors, and it is said that security threats lurking in AI models can be identified faster and more accurately than other companies in the same industry. Also, IT service software companies that provide cloud security $Zscaler(ZS.US$I'm also paying attention to it.
4. Companies that benefit from adopting AI applications
“Over time, applications will grow into the largest field of AI. Also, companies that can safely implement AI will achieve better growth,” Dane said. In particular, it provides customer relationship management (CRM) software for small to medium businesses $HubSpot(HUBS.US$It is said that AI should be able to improve customer productivity and efficiency and obtain more profits.
Also, amidst the enthusiasm surrounding artificial intelligence (AI),AI-related stocks carefully selected by Goldman SachsThey are as follows. The year-to-date performance of some of these stocks has yet to rise to a high level.
This article uses automatic translation for some of its parts
Source: Bloomberg, Dow Jones, Markets Insider
Source: Bloomberg, Dow Jones, Markets Insider
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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