Zacks' AI-Themed Stocks: A Starting Point for Investors
Investors looking to tap into artificial intelligence (AI) can use Zacks' Thematic Investment Screens, which feature 37 dynamic investment themes. The AI theme includes companies involved in software and hardware development for AI, as well as those that apply the technology through automation and diagnostics.
The screen returned Cisco Systems (CSCO) as a stock worth considering. In its latest earnings release, Cisco reported broad-based, record-high demand for its technology. Data center switching orders grew significantly from the year-ago period, reflecting the company's growing role in AI development.
Cisco is expected to see 15% YoY sales growth and 18% higher earnings. While these stocks are not direct recommendations, they offer a starting point for investors seeking exposure to the AI trend.