January Recap: These 15 Large-Cap Artificial Intelligence Stocks Averaged 17%
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Whoever said the bubble in artificial intelligence stocks is collapsing is dead wrong. The 15 large cap (i.e. $2B+) AI stocks that have appreciated by more than 100% in the past 12 months were up 17.2%, on average, in January - yes, 17.2%! 12 were up with only 3 declining. They are ranked below in descending order of their performances in January along with their latest news, commentary and/or analysis where available:
UP +20% in January:
UP 10% to 19.9% in January:
- CrowdStrike Holdings (CRWD): UP 18.0%
- Advantest Corporation (ATEYY): UP 17.8%
- Palo Alto Networks (PANW): UP 14.8%
- Spotify Technology (SPOT): UP 14.6%
- Advanced Micro Devices (AMD): UP 13.8%
- Meta Platforms (META): UP 10.9%
UP 5% to 9.9%
- Arista Networks (ANET): UP 9.8%
- Dell Technologies (DELL): UP 8.3%
- Uber Technologies (UBER): UP 6.0%
- Broadcom (AVGO): UP 5.7%
DOWN In January:
Summary
The above 15 "bubble" stocks were UP 7.2%, on average, in January. Yes, the bubble in the above stocks continues to stay inflated.
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