Use these stocks to power your AI returns

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: WYNDHAM HOTELS & RESORTS, $91.18, is a buy. The company (New York symbol WH; TSINetwork Rating: Extra Risk) (www.wyndhamhotels.com; Shares outstanding: 77.7 million; Market cap: $7.1 billion; Dividend yield: 1.8%) launched Wyndham Connect last year. That’s an AI-driven platform helping hotels boost revenue through personalized guest interactions, mobile check-in and check-out, and mobile tipping for hotel staff. Over 2,000 hotels in North America are actively using this tool to achieve revenue gains. Wyndham now uses AI to respond to…