Hey there financial enthusiasts! Are you ready to dive into the exciting world of AI and high-volume stocks? I’ve got some major news for you today! C3.ai, Inc. (NYSE: AI) is on fire, folks! The stock volume has been skyrocketing, with analysts upgrading the stock and citing long-term growth catalysts. The attention around AI tools like ChatGPT is giving C3.ai a major boost, with shares up an impressive 130% year to date as of February 3. Investment firm D.A. Davidson & Co. recently started covering the stock with a Buy rating and a $30 price target, calling C3.ai a ”truly scarce asset.” The rise of generative artificial intelligence is giving C3.ai a chance to monetize its investments in the space. But that’s not all, we’ve got more high-volume stocks on the rise! Personal finance company SoFi Technologies, Inc. (NASDAQ:SOFI) is ranked 13th on our list of the best high-volume stocks to buy, with an average volume for the past three months of 44 million as of February 5. SoFi Technologies recently posted better-than-expected quarterly results and 2023 adjusted EBITDA guidance that surpassed expectations, causing shares to soar. Next up, we’ve got Chinese EV company NIO Inc. (NYSE:NIO) ranked 12th on our list. NIO delivered 8,506 vehicles in January, showing a 12% decline YoY, but 26 hedge funds reported having stakes in NIO as of the end of Q3 2022. Palantir Technologies Inc. (NYSE:PLTR) is also on the rise, with a three-month average volume of over 33 million. Investment firm Mizuho recently started covering Palantir Technologies with a Neutral rating and a $7 price target, saying the company has the capability to provide ”significant” value for its customers. The firm believes ongoing global disruptions could give Palantir Technologies a boost. Snap Inc. (NYSE:SNAP) is on investors’ radar after posting quarterly results and a weak guidance. Investment firm UBS downgraded Snap to Neutral from Buy, with a $10 price target, saying Snap has potential to grow its revenues but is operating in a highly competitive space. Used car company Carvana Co. (NYSE:CVNA) is ranked 9th on our list of the best high-volume stocks to buy right now. Carvana said it will continue to buy and sell cars in Illinois following a settlement, despite cutting several jobs and reducing working hours for its staff to cut costs and lighten its debt. Ford Motor Company (NYSE:F) is ranked 8th on our list of the best high-volume stocks to buy, with 47 hedge funds reporting stakes worth over $1.2 billion as of the end of Q3 2022. Intel Corporation (NASDAQ:INTC) had a rough start to 2023, posting weak quarterly results and giving guidance that concerned analysts and investors. Intel recently announced company-wide pay cuts, with mid-level workers seeing 5% salary cuts and senior leaders’ salaries being reduced by 10-15%. The CEO, Pat Gelsinger, will cut his base salary by 25%. Intel is facing tough competition from companies like AMD. Last but certainly not least, we’ve got Tesla, Inc. (NASDAQ:TSLA) ranked as one of the best high-volume stocks to buy. Tesla’s average volume over the past three months is over 149 million, with hedge funds and retail investors piling in. As of the end of Q3 2022, 88 hedge funds.
#pltr #sofi #teslastock
Join this channel to get access to perks:
FREE MONEY:
1 Free Robinhood stock:
Get 2 Free stocks with Webull when you invest $100 on your first deposit
Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES: