10 Best AI Stocks to Watch in July

7. Microsoft Corporation (NASDAQ:MSFT)

Potential Upside: 41.5%

So far in July, analyst sentiment towards Microsoft Corporation (NASDAQ:MSFT) has remained positive, even though the stock continues to be out of favor with investors. According to a report released on July 6, D.A. Davidson analyst Gil Luria maintained a Buy rating on the shares but did not assign a price target. However, based on 62 Wall Street analysts covering the stock, the median price target is $550. A day before D.A. Davidson’s update, Chris Caso of Wolfe Research also maintained a Buy rating on Microsoft Corporation (NASDAQ:MSFT) with a $525 price target. The firm’s assigned price target is slightly below the median Wall Street analysts’ price target.

Microsoft-backed semiconductor company Syntiant Corp. has filed for an initial public offering (IPO) on July 7. The company plans to list its shares on the Nasdaq under the ticker SYTN, though it has not yet disclosed the size of the offering. Founded in 2017, Syntiant develops low-power semiconductor and software solutions. The company’s technology enables AI processing directly on devices instead of relying heavily on the cloud. Microsoft Global Finance is one of its investors, alongside Intel and Knowles Corp.

Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.