Stocks

3 Under-the-Radar AI Stocks with Compelling Value Propositions

Published June 24, 2024

The realm of Artificial Intelligence (AI) continues to expand, fueling innovation and optimizing operations across various industries. While the usual AI powerhouses often dominate the headlines, there are other companies whose incorporation of AI into their business models affords investors attractive investment opportunities. These offerings don't always make the rounds in conventional tech discussions, yet AI is furnishing these enterprises with a significant edge. In particular, two such stocks are demonstrating considerable potential and are currently looking like bargains. Investors searching for unique AI plays might want to consider XMTR and GDDY.

Unlocking Potential with Xometry's AI Marketplace

XMTR — Xometry, Inc. — stands out as a compelling investment option. This company harnesses the power of AI through its marketplace, streamlining the process of sourcing manufactured parts and assemblies. Based in Derwood, Maryland, Xometry's innovative approach opens the doors to a simplified, efficient method for buyers to find the resources they need. The potential for scalability and improved margins makes XMTR a stock to watch closely as AI continues to bolster its marketplace dynamics.

GoDaddy: Cloud Innovation and AI

GDDY may be a familiar name in the world of web hosting and domain services, but it also deserves investor attention for its AI-driven maneuver into cloud-based tech products. GoDaddy Inc. has committed to embracing AI to enhance customer experiences and streamline services. With activities spanning the United States and internationally, and headquartered in Scottsdale, Arizona, GDDY stands as a testament to the transformative power of AI in evolving traditional business models into tech-savvy, forward-looking ventures.

Investment, AI, Value