Key Points
AI stocks soared last year, but recent declines mean some now are trading at more enticing valuations.
This particular company is trading at a bargain level, and it has catalysts in the coming weeks.
Some investors who didn’t buy artificial intelligence (AI) stocks last year may have worried that they missed their chance. Many of these stocks had soared, with valuations reaching sky-high levels, on optimism the technology would be the next big game changer — as the internet was many years ago. In recent times, though, these top-performing stocks not only have taken a pause; in some cases they’ve actually plummeted.
