2 Artificial Intelligence Stocks Under $10 That Are Worth Your Attention
Artificial intelligence (AI) is rapidly transforming the world we live in. From chatbots to self-driving cars, AI technology is revolutionizing the way we work and live. With this in mind, it’s no surprise that investors are looking to capitalize on this emerging market. In this article, we will take a closer look at 2 AI stocks that are trading for under $10 and are worth your attention.
The AI Market
Before we dive into the specific AI stocks, it is important to understand the current market. The global AI market is expected to be worth $733 billion by 2027, with a CAGR of 42.2%. This growth is largely due to the increased use of AI in industries such as healthcare, finance, and e-commerce. As AI becomes more prevalent, investors are looking for opportunities to invest in this burgeoning market.
Stock #1: Remark Holdings Inc. (MARK)
Remark Holdings is a global AI company that develops AI-based solutions for a variety of industries such as healthcare, retail, and hospitality. The company recently announced the launch of its AI solution for the healthcare industry, called Kai Care. Kai Care is a virtual assistant that can help patients manage their health data and track their medication schedules. Remark Holdings also has a strong presence in the Chinese market, which is a major area of growth for the AI industry.
Remark Holdings’ stock has had a volatile history, but its recent performance has been positive. Its share price has increased by over 300% since the start of 2021 and is currently trading at around $3.50. With its strong presence in the Chinese market and its innovative AI solutions, Remark Holdings is a stock to watch in the AI industry.
Stock #2: Ayro Inc. (AYRO)
Ayro Inc. is a technology company that specializes in the design and development of electric vehicles for the commercial and consumer markets. Its vehicles are equipped with AI technology that allows for remote operations and monitoring. Ayro’s AI technology has the potential to transform the way we think about transportation and logistics.
Ayro’s stock has been on a steady uptrend, increasing by over 340% in the past year, and is currently trading at around $6. With the increasing interest in electric vehicles and the potential for Ayro’s AI technology to revolutionize the transportation industry, this stock is a strong pick for investors looking to capitalize on the AI market.
Conclusion
The AI market is a rapidly growing industry with enormous potential for investors. Remark Holdings and Ayro Inc. are two AI stocks that are trading under $10 and are worth your attention. With their innovative AI solutions and strong market positions, these companies have the potential for significant growth in the coming years. As always, investors should conduct thorough research before making any investment decisions.
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