## Top 15 AI Stocks Were Up 5% This Week; Two May Still Be Undervalued

munKNEE.com tracks the stock performances of 101 artificial intelligence and related (AI&R) companies on a daily basis highlighting such information in a number of exclusive articles each week for TalkMarkets. This article focuses on the performances of 15 AI&R stocks that are still very much in bubble mode (i.e. above 100% YTD) as compared to the performance of the Global X Artificial Intelligence and Technology ETF (AIQ) of 91 AI&R constituents which is only up 45% YTD.

*Image Source: Pixabay*

The 15 stocks are ranked below, in descending order, as to their stock performances this week and also YTD. In addition, to help ascertain which, if any, of these 15 stocks are possibly undervalued (or, at least, fairly valued, relatively speaking, to each other), each stock's valuation metrics are provided, as follows:

- price-to-earnings (P/E) ratio
- forward-price-to-sales ratio (PSR),
- enterprise value-to-earnings before interest, taxes, depreciation and amortization (EV/EBITDA) ratio
- and price earnings-to expected 12-month growth (PEG) ratio.

In addition, each stock's short interest percentage of shares that short-sellers have borrowed from the float and not yet covered is provided to determine the extent to which investors are impressed - or not - with the stock's current price.

A definition of each metric is provided at the end of the article.

**Applied Optoelectronics (AAOI): UP 34.2% this week; UP 578.2% YTD**- Market Capitalization: $456
**M** - P/E ratio: No earnings
- PSR: 2.0 (20.5%
sector mean of 2.6)*below* - EV/EBITDA ratio: 408.6 (
**Extremely High**- 2748%*above*sector mean of 14.40 - PEG ratio: N/A
- Short Interest: 22.0%
**(High)**

- Market Capitalization: $456
**Symbotic (SYM): UP 19.0% this week; UP 209.0% YTD**- Market Capitalization: $20.7B
- P/E ratio: NA
- PSR: 2.8 (
**High**- 107%*above*sector mean of 1.3) - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 19.7%
**(High)**

**BigBear.ai Holdings (BBAI): UP 17.7% this week; UP 146.5% YTD**- Market Capitalization: $245
**M** - P/E ratio: NA
- PSR: 1.8 (30%
sector mean of 2.6)**below** - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 13.8%

- Market Capitalization: $245
**IonQ (IONQ): UP 16.8% this week; UP 267.1% YTD**- Market Capitalization: $2.5B
- P/E ratio: N/A
- PSR: 119.9 (
**Extremely High**- 4575%*above*sector mean of 2.6) - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 24.0%
**(High)**

**C3.ai (AI): UP 11.9% this week; UP 164.8% YTD**- Market Capitalization: $3.4B
- P/E ratio: NA
- PSR: 11.3 (
**Very****High**- 339%*above*sector mean of 2.6) - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 35.5%
**(Extremely High)**

**Super Micro Computer (SMCI): UP 11.3% this week; UP 244.1% YTD**- Market Capitalization: $15.1B
- P/E ratio: 16.4 (27%
sector mean of 22.3)**below** - PSR: 1.4 (45%
sector mean of 2.6)**below** - EV/EBITDA ratio: 12.0 (16%
sector mean of 10.7)**below** - PEG ratio: 0.6 (64%
sector mean of 1.8)*below* - Short Interest: 9.4%

**Tesla (TSLA): UP 10.3% this week; UP 116.7% YTD**- Market Capitalization: $743B
- P/E ratio: 73.0
**(Extremely High**- 394%*above*sector mean of 14.8) - PSR: 7.9 (
**Extremely****High**- 821%*above*sector mean of 0.8) - EV/EBITDA ratio: 43.9 (
**Extremely High**- 362% above sector mean is 9.5) - PEG ratio: 3.9 (
**High**- 157%*above*sector mean of 1.5) - Short Interest: 3.1%

**Innodata (INOD): UP 9.4% this week; UP 192.8% YTD**- Market Capitalization: $249
**M** - P/E ratio: NA
- PSR: 3.1 (
**High**- 134%*above*sector mean of 1.3) - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 12.6%

- Market Capitalization: $249
**Uber Technologies (UBER): UP 6.2% this week; UP 114.6% YTD**- Market Capitalization: $112B
- P/E ratio: 41.4 (
**High**- 140%*above*sector mean of 17.3) - PSR: 3.0 (
**Very****High**- 122%*above*sector mean of 1.3) - EV/EBITDA ratio: 29.2 (
**Very High**- 166%*above*sector mean of 11.0) - PEG ratio: NA
- Short Interest: 2.3%

**Palantir (PLTR): UP 5.4% this week; UP 220.7% YTD**- Market Capitalization: $43.0B
- P/E ratio: 82.8 (
**Extremely High**- 271%*above*sector mean of 22.3) - PSR: 20.1 (
**Extremely****High**- 684%*above*sector mean of 2.6) - EV/EBITDA ratio: 62.7 (
**Extremely High**- 337%*above*sector mean of 14.4) - PEG ratio: 1.2 (37%
sector mean of 1.8)*below* - Short Interest: 8.0%

**CrowdStrike (CRWD): UP 3.9% this week; UP 100.5% YTD**- Market Capitalization: $48.8B
- P/E ratio: 73.2 (
**Very High**- 227%*above*sector mean of 22.3) - PSR: 16.3 (
**Extremely****High**- 535%*above*sector mean of 1.3) - EV/EBITDA ratio: 63.8 (
**Extremely High**- 344%*above*sector mean of 14.4) - PEG ratio: 1.6 (11%
sector mean is 1.8)**below** - Short Interest: 2.4%

**Spotify Technology (SPOT): UP 3.5% this week; UP 115.0% YTD**- Market Capitalization: $34.2B
- P/E ratio: NA
- PSR: 2.3 (
**High**- 111%*above*sector mean of 1.1) - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 1.5%

**Meta Platforms (META): UP 2.4% this week; UP 168.6% YTD**- Market Capitalization: $859B
- P/E ratio: 23.4 (
**High**- 58%*above*the sector mean of 14.8) - PSR: 6.5 (
**Extremely High**- 473%*above*sector mean of 1.1) - EV/EBITDA ratio: 12.0 (
**High**- 45%*above*sector mean of 8.3) - PEG ratio: 1.2 (22%
sector mean of 1.5)*below* - Short Interest: 1.5%

**Nvidia Corporation (NVDA): UP 2.1% this week; UP 244.4% YTD**- Market Capitalization: $1.2
**T** - P/E ratio: 45.0 (
**High**- 101%*above*sector mean of 22.3) - PSR: 22.1 (
**Extremely****High**- 773%*above*sector mean of 2.5) - EV/EBITDA ratio: 43.5 (
**Very****High**- 203%*above*sector mean of 14.4) - PEG ratio: 1.4 (26%
the sector mean of 1.8)*below* - Short Interest: 1.1%

- Market Capitalization: $1.2
**Applied Digital Corporation (APLD): DOWN 13.0% this week; UP 119.6% YTD**- Market Capitalization: $455
**M** - P/E ratio: 13.2 (51%
sector mean of 27.2)*below* - PSR: 1.2 (52%
sector mean of 2.6)*below* - EV/EBITDA ratio: NA
- PEG ratio: NA
- Short Interest: 23.7%
**(High)**

- Market Capitalization: $455

### Valuation Analysis

Based on the above metrics, **Applied Digital Corporation (APLD) **and **Super Micro Computer (SMCI) **have the valuation metrics that best suggest they are still relatively undervalued. This is not a recommendation, however, so please do your own research before taking any action is this regard.

**Stock Performance Summary**

The above 15 stocks went UP 5.0% last week, on average, and the average YTD price change is now 204.2%.

**Definitions**

**The price-to-earnings (P/E) ratio**compares a company's share price to its earnings per share, providing a measure of relative value.**A high P/E ratio could mean that a company's stock is overvalued, or that investors are expecting high growth rates in the future.****The price-to-sales ratio (PSR)**describes how much someone must pay to buy one share of a company relative to how much that share generates in revenue for the company. and, as such, determines whether its stock is cheap or overpriced in comparison to its peers. The mean forward sector ratio**is considered excellent****when the value falls below two (2)**.**The Enterprise Value-to-Earnings Before Interest, Taxes, Depreciation, and Amortization ratio (EV/EBITDA)**is one of the best metrics used by value investors to evaluate a company because it accounts for the value of all financing the company has received from both equity stakes and debt allowing investors to compare profitability between companies.**A high means the company is overvalued, while a low ratio indicates it’s undervalued.****The price/earnings to growth ratio (PEG ratio)**is considered to be an indicator of a stock's true value.**A PEG lower than 1.0 is best**, suggesting that a company is relatively undervalued.**The short Interest**is the percentage of shares that short-sellers have borrowed from the float and not yet covered.**A short interest**as a percentage of float**above 20% is generally considered very high conveying that short-selling investors believe the stock's price is too high**and that they hope they will be able to purchase the stock in the market at a lower price than they sold the shares short.

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Disclosure: None

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