We recently published a list of Top 10 AI News You Shouldn’t Miss. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other top AI news you shouldn’t miss.
JPMorgan Asset Management’s Kerry Craig said in a latest program on CNBC that investors are looking beyond the top AI companies amid valuation and spending concerns following the launch of DeepSeek. The analyst said he remains bullish on the “secular theme” of AI and believes there are still opportunities for the market.
“I think playing it now through the market could be a little bit more of less around the hyperscalers and the producers of this technology and then thinking a little bit further along the AI value chain so the users of this technology, the software companies, maybe utilities, and thinking about energy providers and those further opportunities that may be a little bit better valued when it comes to the prospects and the equity market and where you might see better upside. It’s very difficult to keep repeating these very large returns we’ve seen across these names for the last couple of years.”
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For this article, we picked 10 AI stocks currently making moves on the back of the latest news. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
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Number of Hedge Fund Investors: 99
CFRA’s Garrett Nelson said in a latest program on Schwab Network that he remains bullish on Tesla, Inc. (NASDAQ:TSLA) despite the latest weakness that came following lackluster numbers from China.
“We remain bullish on Tesla, Inc. (NASDAQ:TSLA) because we’re optimistic as far as regulatory approvals and getting a regulatory framework related to autonomous driving in the United States. I think that will come sooner rather than later. It became clear after Tesla, Inc. (NASDAQ:TSLA) Robo Taxi Day back in October that the story was all about autonomous driving going forward, and you look at the value of the company on our view, it’s still trading at a fraction of the market opportunity here, which we estimate to be, you know, north of $5 trillion, if you look at the global autonomous driving opportunity. So, you know, we’re buyers on this dip that we’ve seen in the stock this week.”
