The artificial intelligence and related (AI&R) sector is going to play a major role in the future of technology and investing in it should generate fantastic returns over the next decade. That being said, however, most investors focus on the mega/large cap AI & related (AI&R) stocks that trade for hundreds of dollars per share yet there are a few less expensive, and potentially more explosive, micro- and small-; cap AI&R stocks (i.e., stocks with market capitalizations above $100M but less than $2B) that will get you wider exposure to that growth with less money invested.Which have the greatest prospects of outperforming the sector in the coming months and years? Well, it all comes down to playing it smart and doing your research and, to help you with that, we present below our munKNEE Small AI Stocks Portfolio consisting of 10 small cap AI&R stocks (average market capitalization of $452M; includes 3 microccap under $250M) presented in descending order for the month, their individual market capitalizations and recent news, analysis and commentary where appropriate.
- INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
- Market Capitalization: $363M
- Latest news, commentary and/or analysis:
- Zacks Initiates Coverage of Innodata With Outperform Recommendation
- VRSSF offers a voice and text-based personal AI assistant designed to learn about its users in order to better organize, manage, and optimize their digital life.
- Market Capitalization: $136M
- Latest news, commentary and/or analysis:
- VERSES Announces Genius™ Public Beta Preview and Webinar
- DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
- Market Capitalization: $571M
- DMRC Latest news, commentary and/or analysis:
- Digimarc Reports First Quarter 2024 Financial Results
- SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
- Market Capitalization: $1,660M
- Latest news, commentary and/or analysis:
- No Excuses! Buy SoundHound AI Stock Before It Revisits $10
- REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
- Market Capitalization: $155M
- Latest news, commentary and/or analysis:
- Rekor Introduces Cutting-Edge Cybersecurity Capabilities to Help State Dots Protect National Transportation Infrastructure
- AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
- Market Capitalization: $408M
- Latest news, commentary and/or analysis:
- Applied Optoelectronics Reports First Quarter 2024 Results
- QBTS develops and delivers quantum computing systems, software, and services worldwide.
- Market Capitalization: $235M
- Latest news, commentary and/or analysis:
- D-Wave Quantum Set to Join Russell 3000® Index
- RGTI builds quantum computers and the superconducting quantum processors.
- Market Capitalization: $181M
- Latest news, commentary and/or analysis:
- Do Hedge Funds Like Rigetti Computing As A Quantum Computing Play?
- BBAI provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
- Market Capitalization: $369M
- Latest news, commentary and/or analysis:
- Is BigBear.ai a Buy as Wall Street Analysts Look Optimistic?
- EVLV screens people for threats without sacrificing the visitor experience.
- Market Capitalization: $446M
- Latest news, commentary and/or analysis:
- Evolv Technologies Reports Mixed Q1 Results: Revenue Up but Misses Estimates, Losses Narrow
SummaryThe munKNEE Small Cap AI Stocks Portfolio went down 3.2% last week in line with the Global X Artificial Intelligence & Technology ETF (AIQ) of 91 constituents, which was down 3.0% but still went up 18.1% during May clearly outperforming the mega/large cap constituents which went down 4.3% during the week and only up 1.3% in the month of May.More By This Author:The 7 AI Categories Were Down 4%, On Average, This Week; Up 1% In May
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