Finding Hidden Gems: Top Artificial Intelligence Stocks Under $10 to Watch in 2021
In today’s fast-paced world, Artificial Intelligence (AI) is revolutionizing business models and transforming the way we live and work. It is no secret that AI has the potential to disrupt various industries and create new opportunities for investors. Finding the right AI stocks to invest in can be challenging, especially with the vast number of options available. In this article, we’ll explore some hidden gems among top Artificial Intelligence stocks under $10 to watch in 2021.
1. Ideanomics Inc. (IDEX)
Ideanomics Inc. is a global company that provides software-centric solutions for the electric vehicle (EV) ecosystem and the fintech sector. With its core business focused on EV sales and financing, the company has recently expanded its operations to include commercial fleet management systems. The company’s revenue streams have consistently increased over the past year, and Ideanomics is well-positioned for growth in the coming years.
2. Allied Esports Entertainment Inc. (AESE)
Allied Esports Entertainment Inc. is a premier esports entertainment company that operates in the gaming, media, and hospitality industries. The company has a strong presence in the global market, with strategic partnerships with major brands and franchises. As the esports industry continues to grow, Allied Esports has positioned itself to take advantage of the exponential growth trend.
3. Zovio Inc. (ZVO)
Zovio Inc. is a technology-enabled education services provider that offers online degree programs and workforce development solutions. The company leverages AI and machine learning to personalize student experiences and strengthen educational outcomes. With the pandemic accelerating the shift towards online education, Zovio is well-positioned to benefit from this trend.
4. Vuzix Corporation (VUZI)
Vuzix Corporation is a leading supplier of augmented reality (AR) smart glasses and related technologies. The company’s products are used in various industries, including manufacturing, healthcare, and logistics. With the increasing adoption of AR in these industries, Vuzix is poised for growth in the coming years.
5. Algernon Pharmaceuticals Inc. (AGNPF)
Algernon Pharmaceuticals Inc. is a clinical-stage pharmaceutical company focused on developing drugs for respiratory diseases and central nervous system disorders. The company has recently announced the launch of a Phase II clinical trial of its repurposed drug candidate, Ifenprodil, as a potential treatment for COVID-19. The company’s innovative approach to drug development positions it as an exciting player to watch in the AI healthcare industry.
In conclusion, investing in AI stocks under $10 can be a smart move for investors looking to gain exposure to this exciting industry. While investing in young companies can be risky, the potential for high returns is equally high. Ideanomics Inc., Allied Esports Entertainment Inc., Zovio Inc., Vuzix Corporation, and Algernon Pharmaceuticals Inc. are just a few of the hidden gems in the AI industry that are worth watching in 2021.
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