Artificial Intelligence: Hidden Gems on the Stock Market

In recent months, the growth of companies in the field of artificial intelligence (AI) has had a lasting impact on financial markets and has encouraged investors to explore new horizons in their investment strategies. In addition to environmental monitoring systems developed by giants like Microsoft, ethical questions about the role of AI in healthcare are also coming to the fore. These developments could not only positively influence public health and political decision-making processes globally but also offer investors valuable insights and opportunities. According to Statista, the global AI market is expected to grow from an estimated value of $208 billion in 2023 to $2 trillion in 2030, with an impressive annual growth rate of 37% between 2024 and 2030. While 35% of companies are already using AI, another 42% are evaluating its future integration. The focus is on process automation, customer analysis, and data processing. A crucial role is played by so-called hyperscalers, which lead globally in AI data centers with multi-billion dollar investments. Interestingly, the World Economic Forum predicts that although AI will displace 85 million jobs by 2025, it will also create 97 million new jobs simultaneously. These will predominantly be in the fields of AI development, machine learning, and AI governance. Among the AI gems is BigCommerce, which is integrating AI products such as BigAI Copywriter and BigAI Predictive Analytics. These tools promise to increase efficiency and optimize business decisions through automation. Although BigCommerce recently announced a leadership change, consulting firm Stifel rated the stock as a buy recommendation, despite the lowered target price. In summary, BigCommerce may represent a promising investment opportunity in the AI sector, but some experts believe there are stocks with more attractive short-term return prospects. Those seeking affordable yet promising AI stocks should consider looking at alternative options more closely.