Top Artificial Intelligence Stocks To Follow Now - May 3rd

QUALCOMM, ServiceNow, and Super Micro Computer are the three Artificial Intelligence stocks to watch today, according to MarketBeat's stock screener tool. Artificial intelligence (AI) stocks are shares of publicly traded companies whose core business involves researching, developing or deploying AI technologies—such as machine learning, natural language processing and computer vision. Investors buy these stocks to gain exposure to the rapid growth and transformative potential of AI across industries. Their performance hinges on factors like technological breakthroughs, competitive dynamics and evolving regulatory landscapes. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

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.

QCOM traded up $4.60 during midday trading on Friday, reaching $139.81. 13,180,073 shares of the company's stock were exchanged, compared to its average volume of 8,888,774. QUALCOMM has a one year low of $120.80 and a one year high of $230.63. The company has a quick ratio of 1.99, a current ratio of 2.62 and a debt-to-equity ratio of 0.49. The business has a 50-day simple moving average of $147.74 and a two-hundred day simple moving average of $158.53. The firm has a market capitalization of $154.63 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28.

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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 $19.29 during trading on Friday, hitting $977.24. The company had a trading volume of 1,667,831 shares, compared to its average volume of 1,512,244. The company has a fifty day moving average price of $839.29 and a two-hundred day moving average price of $968.04. ServiceNow has a fifty-two week low of $637.99 and a fifty-two week high of $1,198.09. The company has a market cap of $202.29 billion, a P/E ratio of 143.08, a P/E/G ratio of 4.51 and a beta of 1.08. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.15.

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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 up $0.98 on Friday, hitting $33.71. The stock had a trading volume of 45,187,177 shares, compared to its average volume of 71,787,403. The firm's 50 day moving average price is $36.34 and its 200-day moving average price is $35.76. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.93 and a current ratio of 3.77. Super Micro Computer has a twelve month low of $17.25 and a twelve month high of $101.40. The company has a market capitalization of $20.12 billion, a price-to-earnings ratio of 16.92 and a beta of 1.22.

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