3 Cheap Artificial Intelligence Stocks to Buy Right Now
3 Cheap Artificial Intelligence Stocks to Buy Right Now
Publish Date: 2026-06-22 11:35:00
Source Domain: www.theglobeandmail.com
- Overhyped Yet Bargain Stocks: Despite high expectations in the artificial intelligence sector, several mainstream AI businesses like Microsoft, Meta Platforms, and Nvidia are currently undervalued, offering lucrative investment opportunities.
- Microsoft’s Strong Performance Despite Stock Decline: Despite a more than 20% drop in share price in 2026, Microsoft has shown robust growth with its AI business achieving an annual run rate of $37 billion and a 123% increase in the last quarter. Its Azure cloud computing revenue has surged by 40%, indicating strong performance.
- Meta Platforms’ Discount Despite AI Investment: Meta Platforms’ stock is cheaper on a forward earnings basis than Microsoft’s, and its core business, ad sales across its social platforms, remains successful with revenues growing 33% in the last quarter. Though there’s skepticism about its AI investments, its strong advertising foundation makes it an attractive buying opportunity.
- Nvidia’s Undervalue Despite Growth Forecast: Despite ending fiscal years in January, Nvidia’s stock is marginally more expensive than the S&P 500 but Wall Street forecasts a 41% growth in 2027, which isn’t yet reflected in its price, making it a potentially lucrative investment.
- Historical Success of Analysts’ Picks: Historical evidence from past investments by the same analyst team demonstrates significant gains, highlighting the potential for similarly impressive returns from current recommendations.