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:

  1. Super Micro Computer (SMCI): UP 86.3%
  2. Nvidia Corporation (NVDA): UP 24.2% 


UP 10% to 19.9% in January:

  1. CrowdStrike Holdings (CRWD): UP 18.0%
  2. Advantest Corporation (ATEYY): UP 17.8%
  3. Palo Alto Networks (PANW): UP 14.8%
  4. Spotify Technology (SPOT): UP 14.6%
  5. Advanced Micro Devices (AMD): UP 13.8%
  6. Meta Platforms (META): UP 10.9%

UP 5% to 9.9%

  1. Arista Networks (ANET): UP 9.8%
  2. Dell Technologies (DELL): UP 8.3%
  3. Uber Technologies (UBER): UP 6.0%
  4. Broadcom (AVGO): UP 5.7% 


DOWN In January:

  1. Palantir Technologies (PLTR): DOWN 6.3%
  2. Symbotic (SYM): DOWN 16.2%
  3. IonQ Inc. (IONQ): DOWN 17.1% 

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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Disclosure: None

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