Why Computer Software Firms Rate As Top Artificial Intelligence Stocks
Summary
Investors looking for top artificial intelligence stocks should focus on computer software vendors Salesforce.com ( CRM ), Splunk ( SPLK ), Zendesk ( ZEN ), Appian ( APPN ) and Twilio ( TWLO ), because they can move quickly to improve existing products by layering on AI tools, says an analyst."In our coverage universe we tend to favor a few application vendors, including Amazon, Appian, Salesforce, Splunk, Twilio, and Zendesk.Still, we expect AI to be an important aspect of the story for other vendors we cover, such as Alteryx ( AYX ), HubSpot ( HUBS ), and Tableau Software ( DATA ).AI involves computer algorithms — software programs that aim to mimic the human ability to learn, interpret patterns, and make predictions."We expect AI as a feature to be more prominent, because application vendors should be able to quickly build associated capabilities directly into their existing offerings.