10 AI Stocks Investors 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 Investors Are Watching Closely. On October 3, RBC reiterated the stock as “Outperform”

“We think Microsoft’s position as an Al leader stems from its ability to monetize across both infrastructure and applications.”

The firm believes that Microsoft is an AI leader not only from the infrastructure layer but also from end-user applications. This dual strategy enables the company to capture revenue throughout the entire ecosystem.

On the same day, BMO Capital analyst Keith Bachman reiterated a Buy rating on the stock and set a price target of $650.00

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 Every Investor Should Watch and 10 Buzzing AI Stocks on Wall Street.

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