what's your Best AI stock recommendations? - Business, Finances and Investing Forum

Looking for some AI centric plays on the stock market... either directly or indirectly related to AI.

Software or Hardware

Already full up with Nvidia...

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01-13-2024 , 07:28 PM

Maximus122

adept

Join Date: Jul 2013 Posts: 894

Ford.

They are working on self driving technology, where if you don't make your monthly car repayment, your car drives itself away to a repossession agency.

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01-13-2024 , 10:42 PM

mrbaseball

Carpal \'Tunnel

Join Date: Feb 2003 Posts: 13,093

I play it through etf's
BOTZ
ROBO
AIQ
IRBO
Have held BOTZ and ROBO for a while and recently added AIQ last year. I just want to have a position in AI and not really sure about specific companies. These I hold for long term and trade around a little in stuff like MSFT and NVDA

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01-14-2024 , 01:51 AM

MSchu18

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I'm try to take some Nvidia profits, since we've had it since $25, and roll them into another network effect play... AI.

I think I am looking for specific companies or segments... such as Arbitrum in the Crypto segment.

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01-14-2024 , 05:19 AM

Maximus122

adept

Join Date: Jul 2013 Posts: 894

The ETFs are a good idea actually.

Unity would be one of my favorites. It's been used in the production of half of the mobile games on the market and dominates VR.

It's probably a stock that you'd want to invest in though as a hold for 20 years. I wouldn't expect to get rich jumping out of it in a month or a year.

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01-14-2024 , 06:41 AM

Pinkmann

old hand

Join Date: Nov 2014 Posts: 1,487

tbh just microsoft and google, maybe fb. I know its boring, but Ive always argued that big tech has the capital to be the 'winner' (in ai, self driving, etc) and not some random $5b company or tesla that kathy wood hypes up.

Not many companies can just plow $10+ billion into a project without too much of a fuss

That said, a ton of hype is already priced in

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01-14-2024 , 08:06 AM

Maximus122

adept

Join Date: Jul 2013 Posts: 894

In fairness to Cathie Wood she was talking about Chat GPT and AI chips in 2020 before it was on most peoples radar.

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01-14-2024 , 08:27 AM

Maximus122

adept

Join Date: Jul 2013 Posts: 894

Cathie is bearish on Microsoft and Google. I actually agree with her.

These chat bots are going to kill Google search.

Also, EU regulators are now looking into Microsoft's investment in Open AI's Chat GPT. I flagged this months ago and Microsoft investors are just ignoring it.

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01-14-2024 , 09:01 AM

Pinkmann

old hand

Join Date: Nov 2014 Posts: 1,487

Cathie talks about literally everything that can cause a buzz, what she doesnt do is outperform SPY or QQQ whilst taking far more risk.

She doesnt give out her opinions on CNBC for public benefit, shes an advertisement for her funds.

Of course shes bearish on big tech names, because her etfs are the alternative.

Last edited by Pinkmann; 01-14-2024 at 09:08 AM.

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01-14-2024 , 11:35 AM

#10

MSchu18

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Cathy's whole Spiel is Network effect plays in the form of Emerging technologies... Not that I disagree, but you need to sling a lot of crap against the wall to see what sticks.

there seems to be a lot of decent etf's but the returns don't look extraordinary.

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01-14-2024 , 12:56 PM

#11

Maximus122

adept

Join Date: Jul 2013 Posts: 894

AI was really the theme last year, so hard to get anything in that space at amazing returns.

I think the market will probably broaden this year into the old man stocks.

Airlines had a horrible day on Friday, and probably have a bit more downside, but if you can pick up Delta Airlines on the dip at 36 dollars a share, you are paying 23 billion dollars for the entire company and they are forecasting 4.6 billion in net income this year.

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01-14-2024 , 03:15 PM

#12

MSchu18

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Quote:

Originally Posted by Maximus122

AI was really the theme last year, so hard to get anything in that space at amazing returns.

I know... that's why I am asking.

There still has a lot of integration to come, but I may wait until there is more of a shake out or consolidation phase.

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01-14-2024 , 03:29 PM

#13

Maximus122

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Join Date: Jul 2013 Posts: 894

Yeah, if you're a nimble trader, maybe you can get in and then get out of these names at some point later this year, but I wouldn't be buying at these levels, with the intention of holding them for the next ten years.

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01-14-2024 , 03:53 PM

#14

Maximus122

adept

Join Date: Jul 2013 Posts: 894

Technically, that BOTZ ETF looks good this year.

It had a nice correction and retested the March 2020 lows in October. It bounced straight off it. It looks like it's heading back to it's previous December 2021 high.

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01-15-2024 , 01:46 AM

#15

smartDFS

old hand

Join Date: Feb 2015 Posts: 1,723

just buy nasdaq

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01-15-2024 , 06:56 AM

#16

Maximus122

adept

Join Date: Jul 2013 Posts: 894

On that graph you can see the Nasdaq and BOTZ ETF were tracking each other and a spread has emerged since 2022.

The Nasdaq is making a double top. I think the BOTZ ETF will close the spread as a laggard.

The BOTZ ETF is much more of an AI play. It doesn't have any of the big tech names except NVIDIA, which is the biggest weight at 15 percent.

There are also quite a few Japanese robotics firms in the ETF. I am very bullish on Japan this year. At a minimum, I think the Nikkei is going to retest the high it made, all the way back in December of 1989.

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01-15-2024 , 12:40 PM

#17

MSchu18

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ALL the AI ETF's have nearly identical ROI charts over the 1 year... I was surprised, that tells me to stay away for the time being.
I have Nvidia Straight up for many years now... no need for more exposure. I think I was look for specific company names that are due to do well.

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01-15-2024 , 01:19 PM

#18

Maximus122

adept

Join Date: Jul 2013 Posts: 894

General Motors could be a dark horse. I own shares in it. They say the bigger the base the higher into space. GM has been dead money since 1990.

They have a self driving unit called Cruise, which the market is giving them no credit for.

From 1983 to 2003 Apple was dead money. Supposedly, people used to laugh at people who owned Apple stock.

https://www.youtube.com/watch?v=_2S-...byJordanGolson

Last edited by Maximus122; 01-15-2024 at 01:24 PM.

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01-15-2024 , 01:44 PM

#19

MSchu18

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I had Apple at $16 pre ANY split, at it's lowest point before Microsoft loaned them money to stay afloat.
The only reason was because I loved the old Graphics workstations... the 950 and the 840AV... for work. It was Impossible to do ANY Graphics work on a Windows Machine back then.

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01-15-2024 , 02:04 PM

#20

Maximus122

adept

Join Date: Jul 2013 Posts: 894

I remember my next door neighbor ran over to me with the first IPod around 2003 and I said damb this is going to change the world.

But, I didn't have any money at the time to buy any stock.

Apple shares were 28 cents then and are 185 dollars a share now.

A 528 times increase in twenty years, excluding dividends.

It's sick man.

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01-15-2024 , 04:05 PM

#21

MSchu18

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Quote:

Originally Posted by Maximus122

That doesn't take into account stock Splits... every split is a 2x and it's split many times. I was rocking the Apple Quadra 950 Computer probably around 1991-1992. I remember IBM products didnt even have Float Point Unit Computation back then.

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01-17-2024 , 02:48 AM

#22

smartDFS

old hand

Join Date: Feb 2015 Posts: 1,723

Quote:

Originally Posted by Maximus122

their "AI ETF" has serially underperformed nasdaq over the two years in which AI became the way of the future and should've benefited from the investing fad. the fact that it chronically underperformed speaks to their inability to capture the winners when it counts. they are overweight a bunch of random (relative) smaller caps. if you want to go along for the ride, good luck, but see no basis for anticipating alpha or paying 0.7% management fees on what looks like monkey dart throwing. if your investment thesis is "AI", buy nasdaq.

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02-14-2024 , 08:44 AM

#23

ViktorKaBloooom

centurion

Join Date: Jan 2024 Posts: 105

Ride NVDA til the bubble bursts, then sell.

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02-14-2024 , 12:33 PM

#24

MSchu18

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Quote:

Originally Posted by ViktorKaBloooom

Ride NVDA til the bubble bursts, then sell.

from the initial post, it's gone from 600'ish to 725 or so.

there some report coming this month from Nvidia, that could be the 'pop'... but we'll see.

valuation vs earnings are High, but I have seen much higher from other companies before.

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02-14-2024 , 12:37 PM

#25

Maximus122

adept

Join Date: Jul 2013 Posts: 894

95 times out of one hundred when a stock makes a move like NVidia it's a bubble, but this is the real deal.

It's day one on this AI journey and NVidia is going to be powering this.

They own the AI market and when they sell a chip they have 74 percent gross margins.

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