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GET IN FAST: 5 AI Stocks Set To Skyrocket

ZipTrader2024-06-16
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21K views|2 months ago
💫 Short Summary

The video highlights the top AI stocks to buy in June 2024, including Crowd Strike, OSS One-Stop Systems, Palantir Technologies, and NVIDIA. These companies show promising financial performance, with potential for growth in the AI sector. However, caution is advised due to risks like financial variability and high valuations. The video recommends approaching NVIDIA as a momentum trade, waiting for a dip to consider a value buy, and focusing on momentum trading rather than long-term value investing.

✨ Highlights
📊 Transcript
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Top five AI stocks to buy in June 2024.
01:41
Crowd Strike is praised for its AI-driven security solutions and financial success.
Revenue increased by 33% year over year, with net income up 8,620%.
Analysts foresee more growth potential, but the video presenter believes they are underestimating the company's competitiveness.
Crowd Strike is expected to keep rallying due to its strong momentum and successful track record in the AI sector.
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Highlights of OSS One-Stop Systems Financial Performance and Growth Potential
04:15
OSS specializes in hardware and software solutions for AI applications in sectors like autonomous vehicles and advanced robotics.
The company has exceeded EPS estimates for the past 3 months, indicating strong financial performance.
Analysts forecast significant revenue growth and a 92% upside potential from current trading prices.
Despite risks related to financial variability and occasional losses, OSS's focus on scaling and proof of concept suggests a promising future.
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Palantir Technologies Inc specializes in big data analytics, focusing on building software platforms for government and commercial customers.
06:45
Their AI platform AIP enhances operational efficiency and decision-making processes.
Palantir's reputation and adaptable platforms give them a competitive edge in the AI and data analytics market.
Despite risks like political changes and competition, Palantir is well-positioned for international opportunities.
NVIDIA is a key player in the AI race, experiencing significant growth, but caution is advised due to the company's high valuation and reliance on crowd emotion.
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Nvidia's exponential growth and approach as a momentum trade.
10:13
Wait for a dip to consider a value buy, with options as a useful tool in riding momentum.
Importance of getting Nvidia at a good deal and using stop-losses when buying now.
Recommendation to focus on momentum trading rather than long-term value investing with Nvidia.