2024 Predicted as Breakout Year for Quality AI Stocks Like Palantir and MongoDB
-
UBS says 2024 will be the year of "quality stocks" in tech like artificial intelligence due to strong returns on invested capital, margins, and balance sheets.
-
Wedbush analysts named Palantir, MongoDB, Crowdstrike, and Zscaler as top AI stocks, citing huge addressable markets and growth trajectories.
-
Wealth advisors view Accenture and ServiceNow as "picks and shovels" plays that will benefit from helping implement AI at enterprises.
-
BofA, Jefferies, and other firms set bullish price targets for ServiceNow, Palo Alto Networks, Zscaler and other AI plays.
-
Hedge funds are betting big on AI stocks like Microsoft, Alphabet, Salesforce, Palo Alto Networks and ServiceNow.