5 AI Stocks That Will Skyrocket

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In this piece, we will take a look at the five AI stocks that will skyrocket. If you want to learn about all the latest developments in the artificial intelligence industry, then check out 10 AI Stocks That Will Skyrocket.

5. Carrier Global Corporation (NYSE:CARR)

Number of Q4 2023 Hedge Fund Shareholders: 37

Date of Newsletter: November 30, 2023

Carrier Global Corporation (NYSE:CARR) is an air conditioning firm headquartered in Palm Beach Gardens, Florida. It’s another backend AI stock since the products can be used to cool data centers for AI applications. The shares are rated Buy on average, and the average analyst share price target is $61.51.

During Q4 2023, 37 out of the 933 hedge funds surveyed by Insider Monkey were Carrier Global Corporation (NYSE:CARR)’s investors. Ken Fisher’s Fisher Asset Management owned the biggest stake which was worth $764 million.

Follow Carrier Global Corp (NYSE:CARR)


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