13 Best Artificial Intelligence Stocks Under $50 to Buy Now

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1. Nebius Group (NASDAQ:NBIS)

Share Price as of May 12: $28.27

Number of Hedge Fund Holders: 66

Nebius Group (NASDAQ:NBIS) builds full-stack infrastructure to service the global AI industry. Its businesses include Nebius, which is an AI-centric cloud platform built for intensive AI workloads. Nebius builds full-stack infrastructure for AI, such as large-scale GPU clusters, cloud platforms, and tools and services for developers.

D.A. Davidson analyst Alex Platt maintained a Buy rating on Nebius Group (NASDAQ:NBIS) with a $30 target price on May 9. In April, the company partnered with DDN, which is an AI and data intelligence company. By integrating DDN Infinia and EXAScaler into Nebius’ AI cloud, the company is expanding the scalability of its platform for AI workloads. With DDN and Nebius working together, enterprises can deploy AI workloads faster at a lower cost.

In Q4 2024, Nebius launched its AI cloud platform and AI Studio (IaaS). The company is also expanding GPU clusters in Europe and the US, and planning a new US data center. It’s investing in its data center infrastructure to support the performance demands of next-gen Blackwell GPUs for its AI cloud services. Nebius’ AI data service, Toloka, grew revenue by 140% in 2024, which added major AI labs as clients.

While we acknowledge the growth potential of Nebius Group (NASDAQ:NBIS), our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NBIS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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