Photo by Steve Johnson on Unsplash

Eight micro/small cap ($50M to $2B) AI & related stocks are still very much in bubble mode advancing far above the sub-sector average of 4.9% in December while maintaining an advance of more than 95% YTD. Their performances are ranked below, in descending order, as to their closing prices in December, plus their changes YTD, along with their company descriptions.

1. Applied Optoelectronics (AAOI): up 45.8% in December; up 922.2% YTD 
   • AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets
2. BigBear.ai (BBAI): up 25,9% in December; up 219.4% YTD
   • BBAI provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
3. Verses AI (VRSSF): up 22.3% in December; up 150.0%
   • VRSSF offers a voice and text-based personal AI assistant designed to learn about its users in order to better organize, manage, and optimize their digital life.
4. Innodata (INOD): up 20.4% in December; up 229.6% YTD
   • INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
5. Rekor Systems (REKR): up 20.2% in December; up 177.5%
   • REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
6. Evolv Technologies (EVLV): up 18.0% in December; up 116.5% YTD
   • EVLV screens people for threats without sacrificing the visitor experience
7. Digimarc (DMRC): up 8.2% in December; up 95.3% YTD
   • DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
8. Soundhound (SOUN): down 0.9% in December; up 114.1% YTD
   • SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.

The above 8 stocks were up 18.6% in December last week, on average and are now up 167.0% YTD, on average. Excluding Applied Optoelectronics, which is performing head and shoulders over other stocks in the sub-sector, the remaining 7 stocks were up 11.6%, on average, in December and are up 162.8% YTD.

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