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What Are the 5 Best Bargain Artificial Intelligence (AI) Stocks to Buy Right Now?
In a fast-growing segment like artificial intelligence (AI), it's not always easy to spot bargains; however, they can be found. One of the best ways to find bargains in a hot sector is to look beyond stocks' price-to-earnings (P/E) ratios and instead look at their price/earnings-to-growth (PEG) ratios, as this metric takes into consideration their earnings growth.Stocks with PEGs under 1 are generally considered undervalued, and based on this metric, five of the best values in the AI space are Advanced Micro Devices (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), Salesforce (NYSE: CRM), Nvidia (NASDAQ: NVDA), and Adobe (NASDAQ: ADBE).Continue reading
In a fast-growing segment like artificial intelligence (AI), it's not always easy to spot bargains; however, they can be found. One of the best ways to find bargains in a hot sector is to look beyond stocks' price-to-earnings (P/E) ratios and instead look at their price/earnings-to-growth (PEG) ratios, as this metric takes into consideration their earnings growth.
Stocks with PEGs under 1 are generally considered undervalued, and based on this metric, five of the best values in the AI space are Advanced Micro Devices (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), Salesforce (NYSE: CRM), Nvidia (NASDAQ: NVDA), and Adobe (NASDAQ: ADBE).
