Artificial Intelligence Stocks To Follow Today – May 24th

Salesforce, Snowflake, and Super Micro Computer are the three Artificial Intelligence stocks to watch today, according to MarketBeat’s stock screener tool. Artificial intelligence stocks are shares of publicly traded companies whose core business involves developing, producing or deploying AI technologies—such as machine-learning software, neural-network hardware and data-processing platforms. These equities can range from pure-play AI startups to established tech giants integrating advanced algorithms into their products. Investors track them for potential high growth driven by the expanding use of automation and data analytics, though they may also exhibit greater volatility. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of NYSE CRM traded down $10.37 during mid-day trading on Friday, reaching $273.05. The company had a trading volume of 8,878,975 shares, compared to its average volume of 6,925,114. Salesforce has a twelve month low of $212.00 and a twelve month high of $369.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $262.51 billion, a PE ratio of 44.91, a price-to-earnings-growth ratio of 2.58 and a beta of 1.42. The stock’s 50 day moving average is $268.46 and its 200-day moving average is $306.58.

Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

Snowflake stock traded down $3.19 during mid-day trading on Friday, hitting $199.99. 11,901,781 shares of the company’s stock were exchanged, compared to its average volume of 6,472,348. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.77. The stock has a market cap of $66.02 billion, a P/E ratio of -58.99 and a beta of 1.11. Snowflake has a 1-year low of $107.13 and a 1-year high of $205.40. The stock has a 50 day moving average of $159.20 and a two-hundred day moving average of $163.56.

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Super Micro Computer stock traded down $1.23 during mid-day trading on Friday, hitting $40.09. 37,804,120 shares of the company’s stock were exchanged, compared to its average volume of 72,127,353. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The stock has a market cap of $23.93 billion, a P/E ratio of 20.13 and a beta of 1.36. Super Micro Computer has a 1-year low of $17.25 and a 1-year high of $101.40. The stock has a 50 day moving average of $35.82 and a two-hundred day moving average of $35.52.