AI stocks to power your future gains

Article Excerpt

Artificial intelligence (AI) is an example of an investment idea that could boost your investment returns—or more likely end up costing you money. All in all, we think that the biggest, surest gains from AI will come from investing in established businesses that are already profitable and growing, and that can gain all the more by applying AI to their operations. Here are two companies that are already profitably taking advantage of AI, and they should be among the leaders in the push to extend AI’s use: EXPEDIA GROUP INC., $135.54, is a buy. The company (Nasdaq symbol EXPE; TSINetwork Rating: Average) (www.expediagroup.com; Shares outstanding: 142.6 million; Market cap: $18.5 billion; No dividends paid) has just unveiled a new AI assistant, Romie. The name references helping travellers “roam” the world. Expedia unveiled Romie during its Explore partner conference in Las Vegas. Romie aims to assist with planning, shopping, and booking, and “even lends a hand” when something unexpectedly changes—”serving as your travel agent, concierge, and personal…