Artificial intelligence is the talk of the town right now. However, one has to consider that this rally has gotten ahead of itself. Many AI companies are now trading at exorbitant prices, and may be far too speculative for most investors. Now, some might argue that strong momentum may be enough to justify an investment in certain companies. However, I think the upside potential in many big-name AI stocks is likely already priced in at current levels.
Accordingly, for those looking for sustainable upside potential without the hype, there are a few hidden gem stocks to buy. These companies generally carry less downside risk, while also providing plenty of upside potential. Once more Wall Street capital starts flowing into these companies, investors stand to reap the benefits.
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