Forget Nvidia (NVDA) – American Politicians Are Buying This Small AI Stock

We recently published 10 Best AI Stocks to Buy According to American Politicians. Qualys Inc (NASDAQ:QLYS) is one of the best AI stocks to buy.

Qualys Inc (NASDAQ:QLYS) is one of the under-the-radar names in the AI space. The cloud security company is working on Agentic AI solutions for cybersecurity. Congresswoman Lisa C. McClain’s spouse bought a stake in the company worth between $1,001 – $15,000, according to disclosures on Oct. 22.

QLYS recently spiked after the company posted upbeat results and increased guidance. The stock received several upgrades from Wall Street analysts after the results. Needham analysts believe the company’s Managed Risk Operation Center is seeing commercial deployments at a rate faster than management expected.

The London Company SMID Cap Strategy stated the following regarding Qualys, Inc. (NASDAQ:QLYS) in its Q2 2024 investor letter:

 “Initiated: Qualys, Inc. (NASDAQ:QLYS) – QLYS provides cybersecurity and compliance solutions, which enable its clients to identify, prioritize, and remediate risks to information technology infrastructures. QLYS also offers solutions through a software-as-a-service model, primarily with renewable annual subscriptions. QLYS should continue to benefit from the long-term secular tailwinds that drive sustainable growth in cybersecurity. QLYS’s products are critical but also low-cost relative to a company’s overall security budget, helping ensure high retention rates and recession resistance. We believe QLYS is among the best managed in the industry. Many past decisions have positioned QLYS ahead of peers in terms of product quality, structurally higher margins, and competitive moat. QLYS generates high operating margins with growing cash flow generation and has a very strong balance sheet. QLYS is also owned in our Small Cap portfolio.”

While we acknowledge the risk and potential of QLYS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QLYS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.