what's your Best AI stock recommendations?
Looking for some AI centric plays on the stock market... either directly or indirectly related to AI.
Software or Hardware
Already full up with Nvidia...
Ford.
They are working on self driving technology, where if you don't make your monthly car repayment, your car drives itself away to a repossession agency.
I play it through etf's
BOTZ
ROBO
AIQ
IRBO
Have held BOTZ and ROBO for a while and recently added AIQ last year. I just want to have a position in AI and not really sure about specific companies. These I hold for long term and trade around a little in stuff like MSFT and NVDA
I'm try to take some Nvidia profits, since we've had it since $25, and roll them into another network effect play... AI.
I think I am looking for specific companies or segments... such as Arbitrum in the Crypto segment.
The ETFs are a good idea actually.
Unity would be one of my favorites. It's been used in the production of half of the mobile games on the market and dominates VR.
It's probably a stock that you'd want to invest in though as a hold for 20 years. I wouldn't expect to get rich jumping out of it in a month or a year.
tbh just microsoft and google, maybe fb. I know its boring, but Ive always argued that big tech has the capital to be the 'winner' (in ai, self driving, etc) and not some random $5b company or tesla that kathy wood hypes up.
Not many companies can just plow $10+ billion into a project without too much of a fuss
That said, a ton of hype is already priced in
In fairness to Cathie Wood she was talking about Chat GPT and AI chips in 2020 before it was on most peoples radar.
Cathie is bearish on Microsoft and Google. I actually agree with her.
These chat bots are going to kill Google search.
Also, EU regulators are now looking into Microsoft's investment in Open AI's Chat GPT. I flagged this months ago and Microsoft investors are just ignoring it.
Cathie talks about literally everything that can cause a buzz, what she doesnt do is outperform SPY or QQQ whilst taking far more risk.
She doesnt give out her opinions on CNBC for public benefit, shes an advertisement for her funds.
Of course shes bearish on big tech names, because her etfs are the alternative.
Cathy's whole Spiel is Network effect plays in the form of Emerging technologies... Not that I disagree, but you need to sling a lot of crap against the wall to see what sticks.
there seems to be a lot of decent etf's but the returns don't look extraordinary.
AI was really the theme last year, so hard to get anything in that space at amazing returns.
I think the market will probably broaden this year into the old man stocks.
Airlines had a horrible day on Friday, and probably have a bit more downside, but if you can pick up Delta Airlines on the dip at 36 dollars a share, you are paying 23 billion dollars for the entire company and they are forecasting 4.6 billion in net income this year.
Yeah, if you're a nimble trader, maybe you can get in and then get out of these names at some point later this year, but I wouldn't be buying at these levels, with the intention of holding them for the next ten years.
Technically, that BOTZ ETF looks good this year.
It had a nice correction and retested the March 2020 lows in October. It bounced straight off it. It looks like it's heading back to it's previous December 2021 high.
just buy nasdaq
On that graph you can see the Nasdaq and BOTZ ETF were tracking each other and a spread has emerged since 2022.
The Nasdaq is making a double top. I think the BOTZ ETF will close the spread as a laggard.
The BOTZ ETF is much more of an AI play. It doesn't have any of the big tech names except NVIDIA, which is the biggest weight at 15 percent.
There are also quite a few Japanese robotics firms in the ETF. I am very bullish on Japan this year. At a minimum, I think the Nikkei is going to retest the high it made, all the way back in December of 1989.
ALL the AI ETF's have nearly identical ROI charts over the 1 year... I was surprised, that tells me to stay away for the time being.
I have Nvidia Straight up for many years now... no need for more exposure. I think I was look for specific company names that are due to do well.
General Motors could be a dark horse. I own shares in it. They say the bigger the base the higher into space. GM has been dead money since 1990.
They have a self driving unit called Cruise, which the market is giving them no credit for.
From 1983 to 2003 Apple was dead money. Supposedly, people used to laugh at people who owned Apple stock.
I had Apple at $16 pre ANY split, at it's lowest point before Microsoft loaned them money to stay afloat.
The only reason was because I loved the old Graphics workstations... the 950 and the 840AV... for work. It was Impossible to do ANY Graphics work on a Windows Machine back then.
I remember my next door neighbor ran over to me with the first IPod around 2003 and I said damb this is going to change the world.
But, I didn't have any money at the time to buy any stock.
Apple shares were 28 cents then and are 185 dollars a share now.
A 528 times increase in twenty years, excluding dividends.
It's sick man.
I remember my next door neighbor ran over to me with the first IPod around 2003 and I said damb this is going to change the world.
But, I didn't have any money at the time to buy any stock.
Apple shares were 28 cents then and are 185 dollars a share now.
A 528 times increase in twenty years, excluding dividends.
It's sick man.
That doesn't take into account stock Splits... every split is a 2x and it's split many times. I was rocking the Apple Quadra 950 Computer probably around 1991-1992. I remember IBM products didnt even have Float Point Unit Computation back then.
On that graph you can see the Nasdaq and BOTZ ETF were tracking each other and a spread has emerged since 2022.
The Nasdaq is making a double top. I think the BOTZ ETF will close the spread as a laggard.
The BOTZ ETF is much more of an AI play. It doesn't have any of the big tech names except NVIDIA, which is the biggest weight at 15 percent.
There are also quite a few Japanese robotics firms in the ETF. I am very bullish on Japan this year. At a minimum, I think the Nikkei is going to retest the h
their "AI ETF" has serially underperformed nasdaq over the two years in which AI became the way of the future and should've benefited from the investing fad. the fact that it chronically underperformed speaks to their inability to capture the winners when it counts. they are overweight a bunch of random (relative) smaller caps. if you want to go along for the ride, good luck, but see no basis for anticipating alpha or paying 0.7% management fees on what looks like monkey dart throwing. if your investment thesis is "AI", buy nasdaq.
Ride NVDA til the bubble bursts, then sell.
95 times out of one hundred when a stock makes a move like NVidia it's a bubble, but this is the real deal.
It's day one on this AI journey and NVidia is going to be powering this.
They own the AI market and when they sell a chip they have 74 percent gross margins.
