5 Best AI Stocks Under $50

3. Vishay Intertechnology, Inc (NYSE: VSH)

Number of Hedge Fund Holders: 31
Share Price as of May 12, 2021: $22.46 per share
Total Value of Hedge Fund Holdings: $455,504,000

Ranking 3rd in our list of the 10 best AI stocks under $50 is American manufacturer of semiconductors and electronic components Vishay Intertechnology, Inc (NYSE:VSH). The Pennsylvania-based manufacturer produces the AI-based microBRICK Family, a simple solution to creating efficient high-density DC/DC converters. In 2020, China awarded mircoBRICK with the Artificial Intelligence (AI) Innovation Excellence Award in the “Intelligent Sensor / Storage / Power Management” section.

Vishay Intertechnology, Inc (NYSE:VSH) has a market cap of $3.25 billion. In 2020, Vishay Intertechnology, Inc’s revenue came in at $2.502 million. Shares of VSH rose 55% over the past twelve months. In April, Loop Capital upgraded Vishay Intertechnology to Buy with a price target of $30.

There were 31 hedge funds that reported owning stakes in Vishay Intertechnology, Inc (NYSE:VSH) at the end of the fourth quarter, up from 27 funds a quarter earlier. The total value of these stakes at the end of Q4 is $455 million.