Investing in artificial intelligence (AI) stocks offers exposure to a rapidly evolving sector with significant growth potential. For investors seeking opportunities under $10 per share, several companies stand out due to their innovative applications of AI technology.
1. SoundHound AI Inc. (SOUN)
SoundHound specializes in voice AI and speech recognition technologies, providing solutions for industries such as automotive, consumer electronics, and hospitality. Their Houndify platform enables developers to integrate voice interfaces into products, enhancing user experiences. As of November 5, 2024, SoundHound’s stock is trading at $5.09 per share.
2. Guardforce AI Co., Limited (GFAI)
Guardforce AI offers security solutions incorporating AI and robotics to enhance operational efficiency. With over 40 years of experience, the company is expanding its presence in the Asia-Pacific region and globally. Their stock is currently priced at $1.05 per share.
3. Lantronix Inc. (LTRX)
Lantronix provides hardware and software solutions for the Internet of Things (IoT) and device management, heavily relying on AI innovation. Their products serve various industries, including government, retail, and healthcare. Analysts rate Lantronix as a strong buy, with price targets exceeding its current trading price of $5.23 per share.
4. Rekor Systems Inc. (REKR)
Rekor Systems develops AI-driven infrastructure solutions for transportation and public safety. Their platforms, such as Rekor One and Rekor Command, offer AI-powered roadway intelligence and traffic management applications. As of June 11, 2024, Rekor’s stock closed at $1.56 per share.
5. Innodata Inc. (INOD)
Innodata provides AI and data engineering solutions, assisting organizations in transforming data into valuable insights. Their services cater to various sectors, including publishing, healthcare, and financial services. Innodata’s stock is currently trading at $20.64 per share.
6. CXApp Inc. (CXAI)
CXApp is a leader in employee workplace technology, offering platforms that reduce workplace overload through AI and augmented reality (AR) solutions. The company is investing in accelerating its AI and AR programs, with its stock trading at $1.35 per share.
7. Veritone Inc. (VERI)
Veritone provides AI solutions across industries such as media, legal, and government. Their aiWARE platform enables organizations to process and analyze unstructured data. Veritone’s stock is currently priced at $3.13 per share.
8. AEye Inc. (LIDR)
AEye specializes in AI-driven lidar systems for autonomous vehicles and advanced driver-assistance systems. Their technology enhances vehicle perception and safety. AEye’s stock is trading at $1.06 per share.
9. BigBear.ai Holdings Inc. (BBAI)
BigBear.ai offers AI-powered analytics and cyber engineering solutions for defense and intelligence sectors. Their platforms support decision-making processes in complex environments. The stock is currently priced at $1.61 per share.
10. Oblong Inc. (OBLG)
Oblong provides collaborative AI solutions that enhance team productivity through innovative visual and data collaboration technologies. Their stock is trading at $3.67 per share.
Broker Deposit Bonus
Investing in AI stocks under $10 allows investors to participate in the growth of the AI sector without significant capital outlay. However, it’s essential to conduct thorough research and consider factors such as market trends, company financials, and technological advancements before making investment decisions.
