Photo from by UnsplashIntroductionInvesting in the artificial intelligence (AI) sector should generate fantastic returns over the next decade. But most investors focus on the more popular mega/large cap AI & related (AI&R) stocks that often trade for hundreds of dollars per share. Meanwhile, there are a number of less expensive, and potentially more explosive, small cap AI&R stocks flying under the radar, however, that warrant your attention and most such stocks trade for less than $10/share.The ten stocks in the munKNEE Small Cap AI Stocks Index were in bubble mode in December going up 17.3%, on average, but the bubble began to deflate in January. The Index went down 1.9% last week and is now down 14.8% YTD. The performances of the 10 stocks in the Index are ranked below in descending order as to their performances last week, as well as in the last 7 weeks along with their market capitalizations and latest stock prices plus their latest news, commentary and/or analysis where available:
- AAOI provides fiber-optic access network products for the cable broadband, internet data center, telecom, and fiber-to-the-home markets.
- Market Capitalization: $564M
- Latest Stock Price: $14.68
- DMRC software provides digital identifiers designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability.
- Market Capitalization: $585M
- Latest Stock Price: $27.51
- INOD provides AI-enabled software platforms and managed services for AI data annotation, AI digital transformation, and industry-specific business processes.
- Market Capitalization: $181M
- Latest Stock Price: $6.29
- EVLV screens people for threats without sacrificing the visitor experience.
- Market Capitalization: $539M
- Latest Stock Price: $3.54
- REKR leverages AI, machine learning, and holistic data to support the intelligent infrastructure for smart mobility.
- Market Capitalization: $170M
- Latest Stock Price: $2.01
- QBTS develops and delivers quantum computing systems, software, and services worldwide.
- Market Capitalization: $310M
- Latest Stock Price: $1.94
- 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: $162M
- Latest Stock Price: $1.07
- RGTI builds quantum computers and the superconducting quantum processors.
- Market Capitalization: $258M
- Latest Stock Price: $1.63
- Latest News, Commentary and/or Analysis:
- Rigetti Computing Reports Fourth Quarter and Full Year 2023 Results
- BBAI provides AI and machine learning to assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities.
- Market Capitalization: $485M
- Latest Stock Price: $2.00
- SOUN offers voice AI solutions that let businesses offer conversational experiences to their customer in 25 different languages.
- Market Capitalization: $1.9B
- Latest Stock Price: $6.14
- Latest News, Commentary and/or Analysis:
- Nvidia-Backed SoundHound AI Tumbled This Week on Short-Selling Report, Downgrade
More By This Author:AI Stock Surge Stalls: All But One Category Declined Last Week
Cresco Labs Q4 Report Shows Major Improvement In Net Profit
Cannabis LPs Jumped 10% On Freaky Friday; Trading Volume Jumped 20%
