5 Best Artificial Intelligence Stocks Under $20 According To Hedge Funds

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1. Sprinklr, Inc. (NYSE:CXM)

Share Price as of March 6: $13.26

Number of Hedge Fund Holders: 31

Sprinklr, Inc. (NYSE:CXM) offers cloud-based software solutions for businesses worldwide. The company’s Unified Customer Experience Management platform is designed to analyze customer experience data across different channels and stages of the customer journey. It is one of the best AI stocks. One of their products, Sprinklr Service, is a cloud-based contact center platform powered by AI. It helps customer service agents assist customers through digital, social, and voice channels.

On December 6, Sprinklr, Inc. (NYSE:CXM) announced results for the third quarter of fiscal year 2024. The company reported a non-GAAP EPS of $0.12 and a revenue of $186.3 million, outperforming Wall Street estimates by $0.05 and $5.88 million, respectively.

According to Insider Monkeys’ fourth quarter database, 31 hedge funds were bullish on Sprinklr, Inc. (NYSE:CXM), up from 29 funds in the last quarter. Eric Bannasch’s Cadian Capital is the biggest shareholder of the firm, with 14.56 million shares valued at $175.3 million.

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