Top 3 AI stocks to buy right now

It’s no secret that the market is in turmoil in 2022. We’re seeing extreme volatility, especially in the technology sector. according to Bank82% of investors invest less in 2022 than they did in 2021. We know that buying high and selling low is not the way to generate the best returns in the long run, but it’s easier said than done.

Fortunately, there are a few tried-and-true strategies we’ll thank you for in the future. First, we don’t need to time the gutter; This is almost impossible. Average dollar cost, or incremental buying, is a much better strategy. Next, we look for strong companies in developing industries that may have become undervalued.

Artificial intelligence (AI) is an emerging field that many companies are taking advantage of in innovative ways. AI isn’t just talking about robots destined to take over the planet one day. It is involved in maximizing advertising effectiveness, cyber security, cloud services, and a host of other applications.

These companies harness artificial intelligence and can benefit investors in the long run.

Drawing artificial intelligence.

Image source: Getty Images.

1. Trade office

Advertising is experiencing a fundamental shift away from linear advertising on cable and satellite TV and more towards targeted digital advertising on Connected Television (CTV), video and social media. CTV stands for Stream TV such as Netflix or Disney+. According to one study, 60% of advertisers switch their budgets to CTV.

This is the place trade office (TTD 7.06%) The Trade Desk is an advertiser partner that provides a platform where advertisers and their agencies can choose from billions of digital advertising opportunities every day. This platform uses AI to create optimized ad campaigns that increase ROI and provide important insights.

The Bureau of Commerce is growing, with revenues of $1.2 billion in fiscal 2021. The first quarter of fiscal 2022 saw continued growth with a 43% increase year-over-year. Usually the company GAAP Profitable and generate a lot of modification EBITDA A breath of fresh air for growth companies.

Walmart The Trade Desk has chosen to partner with its Walmart Connect Shopper Advertising Initiative. Netflix may move to a tiered subscription package that includes advertising at certain levels. Access to Netflix would be gigantic for the Trade Desk, and it just so happened that a former CEO of Netflix sits on the Trade Desk’s board of directors.

During the tech sell-off, the Trade Desk valuation has come full circle, and is now trading in a price-to-sales ratio in the range it’s been trading in for most of 2019. This provides investors with the best entry price in quite some time.

TTD PS . Ratio Chart

TTD PS . ratio data by YCharts

2. CrowdStrike

Data breaches and ransomware cost the global economy billions of dollars every year. Since so much of our daily lives and economic prosperity is connected to computers and cloud infrastructure, they must be constantly protected. CrowdStrike (CRWD 7.05%) It uses Falcon’s AI-powered, cloud-native platform to do this.

CrowdStrike provides threat intelligence, endpoint protection, and other cybersecurity services to more than 16,325 customers, including 65 Fortune 100 members. The company’s subscription customer growth and revenue growth has been phenomenal in recent years.

CrowdStrike customers and revenue.

Data source: CrowdStrike. Scheme by the author.

Like The Trade Desk, CrowdStrike stock has lost a lot of its excellent value for 2021 and may now be approaching oversold territory.

3. Amazon

The one thing the rise of AI is doing is exponentially increasing the amount of data being generated. This data requires a huge amount of cloud infrastructure, where there is Amazon (AMZN 3.66%) Makes hay. Amazon Web Services (AWS) is the obvious cloud infrastructure company, capturing 33% of the total market.

AWS is very profitable and multiplying. Lately, this segment has been a company saving boon as massive headwinds slash e-commerce profits. As the graph shows, AWS is becoming more profitable with increased sales.

Amazon Web Services results

Data source: Amazon. Scheme by the author.

2022 has certainly been a setback for Amazon, and the stock price reflects that. It is now trading more than 40% below its 52-week high. While many investors flee from stocks, this may be Best time to invest in amazon stock in years. Remember that an average dollar cost and a diversified portfolio are essential to managing risk.

Artificial intelligence is a burgeoning technology that is being used in more industries than many of us realize. Investors with a long horizon can benefit from this growth with premium companies that are building for the future.