Trading 5 promising AI stocks with trustworthy FX and CFD brokers (2024)
The merger of artificial intelligence (AI) into the swiftly advancing technological field is one of the most significant and disruptive forces that are reshaping industries across the board. As the AI revolution continues to gain momentum, investors can take advantage of this opportunity and strategically position their portfolios.
One alternative would be to invest in those kinds of companies that are at the forefront of AI development, whether they are producing high-tech computer devices, offering innovative solutions based on artificial intelligence, or providing essential tools for AI programming. In other cases, investors might think about businesses that use AI technology to change products, refine marketing approaches, or streamline operations.
What is great about this is that both categories have numerous reputable options from which investors can choose depending on their investment objectives. Moreover, while embarking on such an adventure, traders can always count on regulated Forex brokers. These brokers will guide them through the ever-changing world of AI-focused investments, a topic we will fully discuss here.
Best AI stocks to trade: Nvidia
Nvidia’s exceptional performance in 2024 is largely thanks to its extensive involvement in the AI sector. Their momentum received a boost in August with a strategic partnership with Google to advance AI computing, software, and services for Google Cloud users worldwide.
Additionally, Nvidia announced an expansion of its longstanding AI collaboration with Oracle in October. This entails Oracle utilizing Nvidia’s complete AI platform, including chips, systems, and software, within its Oracle Cloud Infrastructure.
Furthermore, eToro offers a user-friendly platform for commission-free acquisition of $NVDA and a diverse range of other stocks, providing a seamless and cost-effective way to engage in stock trading.
Best AI stocks to trade: Microsoft
Over the past few years, Microsoft, a software powerhouse, has been making substantial investments in OpenAI, cementing Microsoft Azure’s position as the sole cloud provider for OpenAI. Microsoft then seamlessly incorporated ChatGPT into its Bing search engine. Expanding on this achievement, in September, the company introduced an ambitious initiative to unify its AI assistants into a singular system, now known as Microsoft Copilot. These audacious investments in AI technology position Microsoft as a standout player in the thriving AI sector. These endeavors are anticipated to drive substantial growth in Microsoft’s revenue and operating profit over time.
Moreover, for traders and investors looking to engage with Microsoft’s potential growth, XTB provides a trading platform where you can trade Microsoft stock CFDs. XTB offers a dynamic and user-friendly trading experience, allowing you to take advantage of opportunities in the stock market.
Best AI stocks to trade: C3.ai
C3.ai is considered one of the purest AI-focused stocks in the market. It operates as a SaaS company, providing software for businesses to deploy large-scale artificial intelligence applications. Their tools are designed to expedite software development, cut costs, and reduce risks, with applications spanning various industries.
In its industry, C3.ai is a pioneer, asserting its unique position as an end-to-end enterprise AI development platform. This distinctive standing positions the company as a potential leader in the long term.
Additionally, for traders interested in C3.ai, Plus500 offers the ability to trade C3.ai CFDs. With Plus500’s platform, traders can participate in the potential growth of this pioneering AI-focused company in a dynamic and user-friendly trading environment.
One of the standout features of Plus500 is its proprietary trading platform, which offers advanced charting tools, real-time market analysis, and a seamless execution process. This platform is available in both web and mobile versions, allowing traders to stay connected and make informed decisions on the go.
Best AI stocks to trade: Alphabet (GOOGL)
Alphabet, the parent company of Google and YouTube, is at the forefront of incorporating artificial intelligence and automation into virtually every facet of its operations. Notably, Google unveiled its Bard AI chatbot in March, a significant development in AI technology. Then, in September, Google seamlessly integrated Bard into its extensive suite of tools, which includes YouTube, Google Drive, and Google Flights. Moreover, Alphabet extends its range of artificial intelligence tools and infrastructure to businesses through its Google cloud computing division.
Besides, individuals keen on trading Google stocks can utilize XM‘s platform for this purpose. With XM, traders open up the possibility of participating in the stock market through advanced trading terminals, potentially reaping the rewards of Alphabet’s strides in the AI sector. Additionally, the platform is available in multiple languages, further enhancing accessibility for traders around the world.
Best AI stocks to trade: IBM
IBM is a tech company that offers hardware, software, and services to big businesses.
They use AI to make things smarter, faster, and more cost-effective. For example, in healthcare, they use AI to create personalized health plans and speed up drug development.
Even though the AI market is diverse, IBM is a Top player.
AvaTrade provides the opportunity to engage with IBM stock Contracts for Difference (CFDs). This innovative feature enables traders to potentially capitalize on IBM’s performance in the market without directly owning the underlying asset. This demonstrates AvaTrade’s commitment to providing a wide array of trading options for its clients.
With that being said, here is our list of the Forex brokers that are perfect for AI Stocks trading. The infusion of Artificial Intelligence (AI) is a moving force behind the progress in various industries in today’s market. The ultimate purpose of this collection is to bring you a selection of well-known Forex brokers who play host to an array of AI stock trading platforms but most importantly, they ensure an unblemished and safe trading environment. Regardless if you are an experienced investor or taking your first steps into the market, these agents will help you through changing AI investment trends. This list of companies and brokers gives you a starting point on how to get started with AI stocks.
Related articles:
Top 5 AI stocks to trade in 2024 - FAQ