## Missed Out on Nvidia Stock? 2 Notable Artificial Intelligence Stocks to Buy Instead
Nvidia (NASDAQ: NVDA)
is too expensive at current valuations. _The stock prices used were the midday prices of June 8, 2024. The video was published on June 10, 2024._
Should You Invest $1,000 in Nvidia Now?
Consider the following before buying shares in Nvidia: *The Motley Fool stock advisor* The analyst team has just identified what they think is the
10 best stocks
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Think about when
Nvidia
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*_Stock Advisor returns June 10, 2024_ _Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool holds positions in and recommends Nvidia. The Motley Fool has a disclosure policy._ _Parkev Tatevosian is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through his link, he will earn some extra money to support his channel. His opinions remain his own and are not influenced by The Motley Fool._ Missed Nvidia shares? 2 Notable Artificial Intelligence Stocks to Buy Instead was originally published by The Motley Fool
Missed Nvidia shares? Two notable artificial intelligence stocks to buy instead Artificial intelligence (AI) has taken the tech world by storm, and Nvidia (NASDAQ: NVDA) has been a major beneficiary of this trend. The company’s graphics processing units (GPUs) are essential for training and deploying AI models, and its stock price has skyrocketed in recent years. However, Nvidia shares are now trading at a nosebleed valuation, and the stock may be due for a pullback. If you’re looking to invest in AI, here are two other stocks to consider: 1. C3.ai (NYSE: AI) C3.ai is a leading provider of enterprise AI software. The company’s platform makes it easy for businesses to develop and deploy AI models, even if they don’t have a lot of technical expertise. C3.ai has a strong track record of success, and its customer base includes some of the world’s largest companies, such as Shell, Unilever, and the US Department of Defense. C3.ai’s stock is currently trading at around $40 per share, which is well below its 52-week high of $100. The company is expected to grow rapidly in the coming years, and its stock could be a good long-term investment. 2. Palantir Technologies (NYSE: PLTR) Palantir Technologies is another leading provider of AI software. The company’s platform is used by government agencies and businesses to analyze large amounts of data and make better decisions. Palantir has a strong track record of success, and its customer base includes some of the world’s largest organizations, such as the US Department of Defense, the CIA, and JPMorgan Chase. Palantir’s stock is currently trading at around $25 per share, which is well below its 52-week high of $45. The company is expected to grow rapidly in the coming years, and its stock could be a good long-term investment. Nvidia is a great company, but its stock is currently overvalued. C3.ai and Palantir are two other AI stocks that are worth considering. Both companies are growing rapidly and have strong track records of success.
