Introduction
Artificial Intelligence (AI) has disrupted various industries, including healthcare, finance, and manufacturing. Investment in AI has grown substantially over the past few years, and many investors are looking for affordable opportunities to invest in AI stocks. However, it can be challenging to find AI stocks under $10. In this blog post, we discuss the growth potential for small investors in AI stocks under $10.
Why is AI a promising investment?
Artificial Intelligence has become an essential technology, with immense potential across various industries. Many companies are integrating AI in their operations, making the technology a vital part of any forward-looking organization. Emerging technologies, such as machine learning, robotics, and natural language processing, have made tremendous progress, leading to increased investment in the AI industry. As a result, AI stocks have become a promising investment opportunity for many investors.
The benefits of AI investment for small investors
Investing in AI stocks has several benefits, especially for small investors. With AI stocks, small investors can invest in high-growth potential companies that are still early in their development stages. Additionally, small investors can diversify their portfolios by investing in several AI companies. Diversification minimizes risk and maximizes returns in investments.
AI Stocks under $10 worth investing in
AI stocks under $10 may be perceived as riskier for some investors. However, they can be a great opportunity for investors with a high-risk appetite. The following are AI stocks under $10 worth considering:
1. Digital Turbine (APPS)
Digital Turbine is a global mobile software company that has integrated AI in its operations. The company provides app management software for mobile devices, including smartphones and tablets. Digital Turbine’s stock has grown by over 180% in the past year. With a market capitalization of $1.46 billion, Digital Turbine offers investors an opportunity to invest in an AI-driven company that has a growth-oriented business strategy.
2. Brainstorm Cell Therapeutics (BCLI)
Brainstorm Cell Therapeutics is a biotechnology company that develops treatments for neurodegenerative diseases. The company has integrated AI to develop effective therapies for patients with amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS). Brainstorm Cell Therapeutics’ stock has grown by over 100% in the past year. With a market capitalization of $503.34 million, this AI-driven biotechnology firm presents a lucrative opportunity for small investors.
3. Riot Blockchain (RIOT)
Riot Blockchain is an AI-driven software company that uses blockchain technology to enhance security across various industries, including finance and healthcare. The company’s stock has grown by over 1,000% in the past year, indicating tremendous potential for growth. With a market capitalization of $2.92 billion, Riot Blockchain provides investors with an opportunity to invest in an AI-based company that has a unique value proposition within the blockchain industry.
Conclusion
Investing in AI stocks under $10 presents a great opportunity for small investors with a high-risk appetite. The AI industry is poised for substantial growth, especially with emerging technologies such as machine learning, robotics, and natural language processing. Companies such as Digital Turbine, Brainstorm Cell Therapeutics, and Riot Blockchain offer investors an opportunity to invest in AI-driven companies with immense growth potential. As with any investment, it’s essential to conduct proper due diligence and research before investing in AI stocks.