Artificial Intelligence Stocks To Watch Today - August 17th

Key Points

• Seven AI stocks to watch include Salesforce, ServiceNow, and Tempus AI, highlighting a growing interest in companies developing artificial intelligence technologies.
• Salesforce's stock is projected to have a 30% upside, currently trading around $242.78, well below its 52-week high of $369.00.
• ServiceNow stock reached $866.89 with a market cap of $180.31 billion, emphasizing the importance of AI in enhancing workflow automation solutions.

Salesforce, ServiceNow, Super Micro Computer, QUALCOMM, Tempus AI, Accenture, and Arista Networks are the seven Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence stocks are shares of publicly traded companies whose core businesses involve developing, manufacturing or deploying AI technologies—such as machine learning algorithms, natural language processing, robotics and computer vision. These firms can range from chipmakers and cloud-service providers to software developers and specialized AI startups. Investors buy AI stocks to gain exposure to the rapid growth and transformative potential of AI-driven innovation, often accepting higher volatility for the prospect of significant long-term returns. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

NYSE:CRM traded up $9.41 during midday trading on Friday, hitting $242.78. The company had a trading volume of 12,936,592 shares, compared to its average volume of 6,984,759. Salesforce has a 52-week low of $226.48 and a 52-week high of $369.00. The stock's fifty day moving average price is $260.41 and its 200-day moving average price is $275.30. The company has a market capitalization of $232.10 billion, a PE ratio of 37.99, a P/E/G ratio of 2.20 and a beta of 1.37. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on CRM

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NOW stock traded up $16.03 during trading on Friday, reaching $866.89. The company had a trading volume of 1,758,039 shares, compared to its average volume of 1,860,190. ServiceNow has a 52 week low of $678.66 and a 52 week high of $1,198.09. The company has a market cap of $180.31 billion, a P/E ratio of 109.18, a PEG ratio of 3.91 and a beta of 0.93. The business has a 50 day moving average of $967.03 and a 200 day moving average of $933.60. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.09 and a quick ratio of 1.09.

Read Our Latest Research Report on NOW

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Shares of NASDAQ SMCI traded down $0.12 on Friday, reaching $45.37. 27,373,800 shares of the company's stock traded hands, compared to its average volume of 43,333,472. The business's 50 day simple moving average is $48.96 and its two-hundred day simple moving average is $42.10. Super Micro Computer has a 12 month low of $17.25 and a 12 month high of $66.44. The company has a quick ratio of 3.32, a current ratio of 5.32 and a debt-to-equity ratio of 0.74. The company has a market cap of $27.08 billion, a price-to-earnings ratio of 27.33, a price-to-earnings-growth ratio of 1.13 and a beta of 1.46.

Read Our Latest Research Report on SMCI

QUALCOMM (QCOM)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

Shares of QCOM stock traded down $0.24 on Friday, hitting $157.85. 7,580,460 shares of the stock traded hands, compared to its average volume of 8,745,438. The firm has a market cap of $170.32 billion, a price-to-earnings ratio of 15.22, a PEG ratio of 2.30 and a beta of 1.23. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $182.10. The firm has a 50 day simple moving average of $155.73 and a two-hundred day simple moving average of $153.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38.

Read Our Latest Research Report on QCOM

Tempus AI (TEM)

Tempus AI Inc. is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.

Shares of TEM stock traded up $2.19 during trading hours on Friday, reaching $73.78. 14,646,490 shares of the stock were exchanged, compared to its average volume of 10,221,011. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of -62.00 and a beta of 4.98. The company has a current ratio of 1.54, a quick ratio of 1.56 and a debt-to-equity ratio of 2.58. Tempus AI has a 12-month low of $31.36 and a 12-month high of $91.45. The company's 50-day moving average price is $63.13 and its 200-day moving average price is $58.63.

Read Our Latest Research Report on TEM

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

NYSE:ACN traded up $0.88 during trading hours on Friday, hitting $247.04. 4,223,359 shares of the company were exchanged, compared to its average volume of 4,754,784. The stock has a market capitalization of $154.73 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 2.25 and a beta of 1.29. Accenture has a 52-week low of $236.67 and a 52-week high of $398.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46. The company's 50 day moving average price is $283.92 and its 200-day moving average price is $311.17.

Read Our Latest Research Report on ACN

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of ANET stock traded up $0.75 during trading hours on Friday, hitting $137.23. The company's stock had a trading volume of 6,054,998 shares, compared to its average volume of 9,893,038. The company has a 50 day moving average of $109.98 and a 200 day moving average of $96.12. The stock has a market cap of $172.48 billion, a PE ratio of 53.97, a price-to-earnings-growth ratio of 3.23 and a beta of 1.37. Arista Networks has a 12-month low of $59.43 and a 12-month high of $141.99.

Read Our Latest Research Report on ANET

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