Name: Top AI Stocks for 2024 - Trillion Dollar Value!
Uploaded: 2024-02-28T01:19:39.000Z
Duration: 10 min 53 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Artificial intelligence took the world by storm  last year, where 35% of global companies are  

utilizing AI in the workplace, and over 70% of  those companies are researching how to leverage  

AI further in their business. And one estimate  has the global market size of AI in 2032 to be  

over $2.8 trillion, which would result in a  Kager or compounded annual growth rate of 19%  

a year. To put that into context, if you invested  $10,000 today and another $10,000 every year for  

eight years with a 19% Kager, you'd have over  a quarter of a million dollars. As an investor,  

these are fantastic times to take advantage  of this AI revolution, which is why I'll be  

going over the top seven AI stock to invest in  for the first quarter of this year. I say the  

first quarter because I'm pretty certain that the  landscape is going to be changing drastically in  

AI throughout the year. And if you're new to the  channel, I'm Brian and I retired at the age of 46,  

which did happen to be about a year or two  ago. And that was after working my corporate  

jobs with companies like Target and Amazon. And  if you're interested, I did cover a lot of my  

journey in this video right over here and why I  retired early. With that, let's get started with  

the top seven AI companies that have my attention  right now. And please know there is an extensive  

list of AI companies to choose from, but I'm only  highlighting the few that I think have long-term  

potential or they make the most sense today. And  I'll try my best to cover many of these other  

companies in future videos. Now within the scope  of AI, there's essentially three main areas of  

focus for growth that I'm looking at. And that  would be software, hardware, and web hosting  

for the backbone of those large language models  or AI chatbots. The first company to review is  

CrowdStrike, which is a cybersecurity company that  provides cloud protection and endpoint security,  

threat intelligence, and cyber attack response  services. Their threat detection and deterrence  

is offered on their Falcon platform. And  as AI tools become more broadly available,  

then it's easier for those cyber attackers to  gain more tools and resources. The demand and the  

need for companies like CrowdStrike, I think it's  only going to grow over time. And I truly believe  

they're going to have a long runway of growth  ahead of them. Over the past year, the stock has  

gone up over 167%. But over the past three years,  it's up only 6.5%. And it hasn't even met up with  

its top price of $293, which it had back in 2021.  So right there, we know that there's some upside.  

An item to point out is that their revenue is  over $2.2 billion, but they have a negative 8%  

margin. They're only 13 years old, and they are  on the verge of making profit. And once they do,  

then I'm certain that that stock is going to  take off. And given that their revenue growth has  

nearly doubled the past few years, it has a lot of  growth ahead of it. This is a company that I spoke  

about a few times last year. And it truly helped  out my portfolio where I look at it as a long term  

fit for me. The next company is one that everyone  should have in your portfolio. And that's Nvidia.  

They're known for their graphics cards, but their  GPUs for AI servers is where they are truly the  

hottest ticket in town. So hot that it's estimated  that they have a 90% share of all AI GPUs. But  

despite all their recent growth, analysts still  speculate that there is a lot of growth ahead of  

them. And since there are only a few players in  the hardware part of AI with such dominance, they  

stand to be at the top of AI for quite a while.  It's hard to believe that they had a 228% growth  

last year, and it was at 277% over three years.  And their PDU ratio is pretty high at 64.  

But with the AI growth happening right now, I  don't think anyone knows what the true ceiling  

is. Even though I bought heavy into Nvidia last  year, I'm still investing quite a bit this year  

for the long term with cost value averaging.  Now there happens to be a competitor to Nvidia  

in the AI hardware space called Cerebris that  has the industry shaken up because Cerebris  

is creating the largest supercomputer for AI  called Condor Galaxy, which is created with the  

Cerebris' proprietary wafer scale engine, which  is 27 million computer cores with 41 terabytes  

of memory made from one large wafer. Now this  is a company at the forefront of AI hardware,  

but unfortunately, they aren't listed on the  stock exchange. The only way to invest pre IPO  

is through an investment firm or from today's  sponsor Linkto, which is a platform dedicated  

to democratizing access to investing in pre IPO  fintech AI companies that aren't really available  

to us everyday investors. Linkto's platform  provides the resources to research several  

different AI companies not listed on the exchange,  and it gives its customers the freedom to select  

the companies that they want to invest in, which  isn't always the case with some of those other  

investment firms. Linkto is already providing  over 600,000 everyday investors access to private  

investing. And my viewers get a $500 discount on  their first investment using the discount code on  

the screen, which is available for the next 30  days as a limited promotion. Links are in the  

description below. The next AI company is UiPath,  which is a software company that provides robotic  

process automation. Their software can observe,  map and optimize processes within a company. And  

the beauty of it all is that they can bolt on top  of a company's existing legacy system. From there,  

it can provide near immediate results of  automation with a relatively low cost. I  

personally consult with larger companies all the  time. And robotic process automation is extremely  

hot right now because all companies are looking  for a competitive advantage and ways to reduce  

their costs. The company had a great one year  return, but the three year at negative 66% is  

horrible. And from looking at the PDE ratio, you  can see that it is operating at a negative margin.  

Their IPO was April of 2021, and it peaked at $84  and it's trading at about 27% of that today. It  

has come down to near bottom levels. And this is  another company that once the profits kick in, the  

stock price is quick to follow. I happen to put  this one into my bucket of long-term investments  

where I don't go all in, but I do keep investing  in it whenever the stock takes a little bit of  

a dip. And at the end of this video, I'm going to  provide you a list of my priorities when it comes  

to investing in these companies. I'll follow  that up with Arista Networks, which develops  

manufacturers and sells hardware and software  tools for data centers and cloud computing.  

Essentially, they create the tools specific for  managing and routing the communication of networks  

and cloud computing. And as more companies build  out or rely on AI cloud computing solutions,  

then Arista Networks is going to have a strong  growth trajectory. As for performance, they did  

amazing last year with a 111% growth and their  three year was also stellar. But with the beta  

and the PDE ratio being relatively low, they're  almost a value in the growth sector of AI. This  

is sort of my Cinderella within the group that  not everyone is talking about. I happen to talk  

about a fair amount last year and I pounced on the  stock and they've been a stellar performer for me  

in the short term. The next company is my prior  employer, Amazon, where they have a lot going for  

them with regards to the health sector, their ad  revenue, AWS, and their large language models for  

companies to train their own AI. This is where the  need for computers to leverage Amazon's AWS for  

cloud-based AI models will result in many years  worth of growth. Currently, AWS makes up about  

13% of Amazon's revenue, but it accounts for 74%  of the operating income. And on the retail side,  

their ad revenue had over a 26% growth in 2023.  And now that Amazon's going to be putting ads on  

their prime shows, then I expect that their ad  revenue is going to jump drastically this year.  

In looking at the performance, the one year is  decent at 69%, but the three year is abysmal at  

a negative 5%. And when you look at the fact that  the stock is way below its high of $185, I believe  

the next two years are going to be stellar due to  the upside in margin. Keep in mind that they took  

massive layoffs last year and they killed most  all of their physical store formats. They trim  

all the fat last year and they've refocused their  investments going into 2024. Before moving on,  

if you like my content, please help out my channel  by hitting that like button. And better yet,  

it'd be great if you'd consider subscribing.  Next, I'll follow that up with Palantir,  

which is a company that provides the most complex  AI operating systems to tackle real world high  

stakes problems where their Foundry platform is  a secure and scalable data fusion and analysis  

platform where it can take in structured and  unstructured data to allow users to interact  

and analyze complex information on the fly. They  offer the most comprehensive and complex AI system  

that I've ever seen. And any company that leans  into their Foundry platform is going to create  

a massive competitive advantage. I am genuinely  impressed with their platform and I've worked on  

some very complex AI pricing models while I was at  Amazon that I guarantee most all of you interact  

with today. Believe me, Palantir's AI systems  are top tier. As for Palantir's performance,  

it was up 157% last year, but down quite a bit  over the three years. Despite their beta and  