Image Source: PixabayThe following artificial intelligence and related (AI&R) stocks remain in bubble mode (i.e. above 100% YTD) and are ranked below, in descending order, as to their stock performances YTD. In addition, price-to-sales (PSR) and price-to-earnings growth (PEG) valuation metrics that indicate that a stock is undervalued are noted as well as each stock’s short interest percentage of shares that short-sellers have borrowed from the float and not yet covered are noted to convey the extent to which institutional short sellers believe the stock is overvalued.
- Market Capitalization: $463M
- Short Interest: 22.0% (High)
- Market Capitalization: $29.8B
- Short Interest: 19.0% (High)
- Market Capitalization: $2.5B
- Short Interest: 24.0% (High)
- Market Capitalization: $15.2B
- PSR: 1.4 (45% below sector mean of 2.6)
- PEG ratio: 0.6 (66% below sector mean of 1.9)
- Short Interest: 9.4%
- Market Capitalization: $1.2T
- PEG ratio: 1.0 (47% below the sector mean of 1.9)
- Short Interest: 1.1%
- Market Capitalization: $41.8B
- Short Interest: 8.0%
- Market Capitalization: $869B
- Short Interest: 1.5%
- Market Capitalization: $3.4B
- Short Interest: 36.0% (Extremely High)
- Market Capitalization: $292M
- PSR: 1.9 (29% below sector mean of 2.6)
- Short Interest: 13.8%
- Market Capitalization: $455M
- PSR: 1.5 (44% below sector mean of 2.6)
- Short Interest: 23.6% (High)
- Market Capitalization: $35.4B
- Short Interest: 1.5%
- Market Capitalization: $194M
- Short Interest: 12.6%
- Market Capitalization: $748B
- Short Interest: 3.1%
- Market Capitalization: $114 B
- Short Interest: 2.3%
- Market Capitalization: $50.3B
- Short Interest: 2.4%
Valuation AnalysisBased on the above analysis, only Super Micro Computer (SMCI) has valuation metrics that suggest that it is relatively undervalued. (This is not a recommendation, however, so please do your own research before taking any action is this regard.) High short selling interest as a percentage of float in C3.ai (36.0%), IonQ (24.0%), Applied Digital Corporation (23.6%), Applied Optoelectronics (22.0%) and Symbotic (19.0%) convey that institutional short sellers believe the stocks of those companies are overvalued (the same as last week) and a decline is anticipated.Stock Performance SummaryThe average YTD price change of the top 15 AI stocks, as indicated above, is now 205.3%.To put things in perspective, the AI sector, in total, as represented by the Global X Artificial Intelligence and Technology ETF (AIQ) consisting of 91 constituents, is only up 47.0% YTD.Definitions
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