Bubble In These 20 AI Stocks Continues - Up 33% YTD
Image Source: Pixabay
The bubble in artificial intelligence stocks - the 20 in that have appreciated by more than 80% in the past 12 months - continues. They continue to appreciate having gone up 8.2% last week alone and are now up 32.9% YTD - yes, 32.9%! 17 were up with only 3 declining. They are ranked below in descending order of their performances YTD
Up +150% YTD:
- Super Micro Computer (SMCI): up 160.4% YTD (up 750.0% in last 12 months)
Up 30% to 49.9% YTD:
- Nvidia Corporation (NVDA): up 45.7% YTD (up 222.9% in last 12 months)
- Palantir Technologies (PLTR): up 42.0% YTD (up 206.7% in last 12 months)
- Advantest Corporation (ATEYY): up 33.0% YTD (up 136.9% in last 12 months)
- Meta Platforms (META): up 32.2% YTD (up 163.1% in last 12 months)
- Cloudflare (NET): up 30.6% YTD (up 85.5% in last 12 months)
Up 25% to 29.9% YTD
- CrowdStrike Holdings (CRWD): up 29.0% YTD (up 190.4% in last 12 months)
- Spotify Technology (SPOT): up 28.1% YTD (up 99.3% in last 12 months)
- Palo Alto Networks (PANW): up 27.8% YTD (up 126.9% in last 12 months)
Up 15% to 20% YTD
- Arista Networks (ANET): up 19.9% YTD (up 106.9% in last 12 months)
- Advanced Micro Devices (AMD): up 17.0% YTD (up 107.3% in last 12 months)
- Shopify (SHOP): up 16.4% YTD (up 82.8% in last 12 months)
- Uber Technologies (UBER): up 15.2% YTD (up 97.6% in last 12 months)
- Zscaler (ZS): up 15.1% YTD (up 83.3% in last 12 months)
- Broadcom (AVGO): up 15.0% YTD (up 114.1% in last 12 months)
Up 8% to 14.9% YTD
- Dell Technologies (DELL): up 12.7% YTD (up 105.0% in last 12 months)
- SentinelOne (S): up 8.2% YTD (up 86.2% in last 12 months)
Down YTD:
- Symbotic (SYM): down 9.0% YTD (up 179.2% in last 12 months)
- IonQ (IONQ): down 9.9% YTD (up 138.0% in last 12 months)
- Upstart (UPST): down 17.0 (up 105.0% in last 12 months)
Summary
The above 20 "bubble" stocks are up 32.9%, on average, YTD. Yes, the bubble in the above stocks continues to stay inflated.
More By This Author:
AI Micro/Small Cap Stocks Bubble Still Intact - Up 9% Last Week
Cybersecurity Software Stocks Up 8% This Week; Up 18% YTD
Cannabis LPs This Week: Canopy Growth Plummets, Organigram Surges
Disclosure: None
Visit munKNEE.com and register to receive our free Market Intelligence Report newsletter (sample more