10 AI Stocks Analysts Are Watching Closely

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1.  Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 294

Microsoft Corporation (NASDAQ:MSFT) is one of the 10 AI Stocks Analysts Are Watching Closely. On October 16, Morgan Stanley reiterated the stock as “Overweight” and said that Microsoft is a “core holding.”

According to the firm, the company reported robust Q4 results and strong demand for Azure AI. However, there are concerns about OpenAI’s relationship and whether Azure’s growth can continue long-term.

“Despite strong Q4 results and robust demand for Azure AI, lurking questions on the OpenAI relationship and the durability of Azure growth keep shares off highs.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $630.00 implies a 22.7% upside, however, the Street-high target of $710 implies an upside of 38.3%.

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.

While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSFT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks in the Spotlight Today and 10 AI Stocks Analysts Are Tracking Closely.

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