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: PAGERDUTY INC., $19.68, is a buy. The company (New York symbol PD; TSINetwork Rating: Extra Risk) (www.pagerduty.com; Shares outstanding: 95.6 million; Market cap: $1.9 billion; No dividends paid) operates a platform that collects real-time data from software systems and devices and then notifies its IT customers of any incident that could harm their operations. The PagerDuty platform sits on top of a company’s technology systems, taking in data. As it receives the data, it then uses artificial intelligence…