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Is C3 AI stock a good buy?

C3.ai went public in December 2020, but like many high- growth stocks, AI stock has been hit hard. Despite this move, the company has received significant recognition, previously named a leader in Gartner’s (NYSE: IT) Magic Quadrant for IoT Platforms.

Is C3 AI the best pure-play Ai stock?

The company’s AI platform is designed to help organizations harness the power of AI to improve operational efficiency and make data-driven decisions. Arguably, C3.ai is the best pure-play AI stock currently available to investors. In any case, the company’s shares are clearly very volatile.

What's happened to C3.ai stock?

The market's most recent bearish turn has now erased the gains that C3.ai stock posted on the heels of Powell's seemingly bullish comments last week. C3.ai is scheduled to report results for the second quarter of its 2023 fiscal year, which ended Oct. 31, after the market closes on Dec. 7.

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