What are the cheapest AI stocks on the market right now?

Here are the five cheapest top AI stocks on the market right now (listed in alphabetical order). 1. Alibaba Alibaba ( BABA 0.14%) is a Chinese company with multiple internet businesses. It's a leader in e-commerce and cloud hosting, among other areas. The stock currently trades at less than 11 times expected earnings.

Which Ai stocks should you buy in 2024?

Rekor Systems, Inc. (NASDAQ:REKR), Symbotic Inc. (NASDAQ:SYM), and AeroVironment, Inc. (NASDAQ:AVAV) are some of the cheap AI stocks to buy in 2024, besides Adobe Inc. (NASDAQ:ADBE). Polen Capital commented on Adobe Inc. (NASDAQ:ADBE) in its third quarter 2023 investor letter.

What are AI stocks?

Instead, AI stocks are a loose collection of companies with interests in artificial intelligence. These companies include major tech companies like Microsoft or Apple, which are both developing their own AI technologies. They also include companies instrumental in the production of AI technology, such as microchip manufacturer Nvidia.