AI-related microcaps are grabbing investors' attention, Stocktwits said.
Investors wanting to play the hot trend of artificial intelligence are looking beyond the most obvious names, according to data from Stocktwits, a social platform for investors and traders.
While companies like Nvidia Corp. NVDA , Palantir Technologies Inc. PLTR and Microsoft Corp. MSFT have cemented themselves as AI players in the eyes of Wall Street, investors also are also eyeing AI-related microcaps. Fellow microcaps Artificial Intelligence Technology Solutions Inc. AITX and Guardforce AI Co. GFAI also feature on Stocktwits’ top-250 list. Shares of workplace-technology company CXApp have risen 505% in the last three months, while Artificial Intelligence Technology Solutions is up 27% and Guardforce AI is down 85%.
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