Image Source: PixabayThe following 15 large cap (i.e. $2B+) artificial intelligence and related stocks are still very much in bubble mode having advanced by more than 30% in November (To put things in perspective, the 91 constituent AIQ Global X Artificial Intelligence & Technology ETF was only up 14.1% in November and the 35 constituent SOXX iShares Semiconductor ETF was only up 16.3%.) The 15 stocks are ranked below, in descending order, as to their price appreciations along with whether, or not, their price-to-earnings growth (PEG) valuation ratios suggests they are over- or under-valued, and any notable news.
- Market Capitalization: $11.2B
- Month End Stock Price: $24.99
- PEG Ratio below sector median (i.e. stock undervalued)
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- Market Capitalization: $4.8B
- Month End Stock Price: $15.60
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Here is What to Know Beyond Why StoneCo is a Trending Stock
- Market Capitalization: $38.3B
- Month End Stock Price: $116.57
- PEG Ratio over sector median (i.e. stock overvalued)
- Read: Datadog Hits Fresh High: Is There Still Room to Run?
- Market Capitalization: $29.4B
- Month End Stock Price: $52.88
- PEG Ratio NA
- Read: Symbotic Insiders Sold US$28m Of Shares Suggesting Hesitancy
- Market Capitalization: $22.8B
- Month End Stock Price: $14.13
- PEG Ratio NA
- Read: Investors Heavily Search SNAP: Here is What You Need to Know
- Market Capitalization: $56.9B
- Month End Stock Price: $236.99
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: All About Cybersecurity Stock CrowdStrike And Its Competition
- Market Capitalization: $50.5B
- Month End Stock Price: $39.29
- PEG Ratio slightly above sector median (i.e. stock slightly undervalued)
- Read: Are Investors Undervaluing Infineon Technologies?
- Market Capitalization: $43.6B
- Month End Stock Price: $20.05)
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Palantir Technologies Up 200% YTD – Here’s How
- Market Capitalization: $116.2B
- Month End Stock Price: $56.38
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Uber Will Join The S&P 500 Index. The Stock Is Jumping
- Market Capitalization: $5.8B
- Month End Stock Price: $103.98
- PEG Ratio: NA
- Read: Resilient Large Cap Israeli- Domiciled U.S. Exchange-Listed Stocks Up
- Market Capitalization: $7.3B
- Month End Stock Price: $25.09
- PEG Ratio over sector median (i.e. stock overvalued)
- Read: Informatica and MongoDB Expand Global Partnership to Enable New Class of Cloud-native, Master Data Management Driven Applications
- Market Capitalization: $63.1B
- Month End Stock Price: $64.01
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Arm Holdings plc Reports Results for the Second Quarter of the Financial Year Ending 2024
- Market Capitalization: $71.2B
- Month End Stock Price: $270.72
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Workday Earnings Beat, Software Maker Hikes 2024 Outlook
- Market Capitalization: $11.7B
- Month End Stock Price: $65.85
- PEG Ratio below sector median (i.e. stock undervalued)
- Read: Twilio Stock Meets 80-Plus Relative Strength Rating Benchmark
- Market Capitalization: $5.5B
- Month End Stock Price: $82.25
- PEG Ratio NA
- Read: Why Is MKS Instruments (MKSI) Up 24.8% Since Last Earnings Report?
SummaryOn average, the above stocks had a market cap of $35.9B and a month-ending price of $79.25. 8 of the 15 stocks were deemed to still be undervalued according to their PEG valuations, 3 were deemed to be overvalued and 4 had insufficient information to make an assessment. The price earnings-to-growth ratio (PEG ratio) is considered to be an indicator of a stock’s true value.More By This Author:November Recap: 7 Largest American Cannabis MSOs Jumped 40%, On Average
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