Artificial Intelligence Stocks To Watch - March 22nd

When it comes to artificial intelligence (AI) stocks to consider on March 22nd, five companies stand out: Accenture, Salesforce, Super Micro Computer, ServiceNow, and QUALCOMM. These companies are notable as they are involved in developing, integrating, or extensively using AI technologies in their products and services. Investing in these stocks can be exciting yet risky due to their ties to the fast-paced advancements in machine learning, automation, and data analytics. In recent trading sessions, these five companies have recorded the highest dollar trading volume among AI stocks.

Accenture (ACN)

Accenture plc is a leading professional services firm that offers a wide range of services, including consulting and technology operations. The company specializes in application services like Agile transformation, DevOps, and enterprise architecture. They also provide intelligent automation featuring robotic process automation and natural language processing. On Friday, Accenture’s stock traded up, reaching $305.17, with significant trading volume compared to average figures. Accenture holds a market capitalization of $190.97 billion.

Salesforce (CRM)

Salesforce, Inc. is globally recognized for its Customer Relationship Management (CRM) technology, which connects companies with their customers. The company offers services that help manage customer data efficiently and provide personalized support. Salesforce’s stock saw an increase, reaching $281.56, and it has a market cap of $270.58 billion. This highlights the significant interest in Salesforce within the market.

Super Micro Computer (SMCI)

Super Micro Computer, Inc. focuses on manufacturing high-performance server and storage solutions. Their offerings are based on modular architecture and include a variety of devices tailored for different industries. The company's stock is also performing well, trading up to $42.15 on Friday. Super Micro has a market capitalization of $25.02 billion, emphasizing its strong position in the technology sector.

ServiceNow (NOW)

ServiceNow, Inc. delivers intelligent workflow automation solutions. Its Now platform supports businesses in the digital transformation journey, utilizing AI and machine learning to improve efficiency. The company enjoyed a rise in its stock price, reaching $827.92, with a market cap of $170.55 billion, showcasing the robustness of its business model.

QUALCOMM (QCOM)

QUALCOMM Incorporated is pivotal in developing foundational technologies for the wireless communications industry. Its work encompasses various segments, including integrated circuits and system software for modern communication technologies. QUALCOMM’s stock reached $156.82, and the company maintains a market capitalization of $173.44 billion, indicating strong investor confidence.

These five companies represent significant opportunities within the AI sector on this date. Investors looking to explore AI stocks should keep these firms on their radar, as they embody growth potential in an innovatively changing landscape.

AI, Stocks, Technology