Investing in artificial intelligence (AI) is an exciting venture as AI continues to transform industries and drive innovation. For investors looking to enter the market without breaking the bank, there are several AI stocks priced under $10 that offer potential for significant growth. This article will highlight some of the most promising AI stocks under $10 to watch in 2024 and introduce MAXE, an AI-powered investment assistant app that can help you make informed decisions.
1. Veritone Inc. (NASDAQ: VERI)
Veritone Inc. is a leading provider of AI technology and solutions. The company’s AI platform, aiWARE, enables organizations to manage and process large amounts of unstructured data.
Key Features:
- AI Platform: aiWARE is used across various industries, including media, legal, and government.
- Growth Potential: Veritone is expanding its customer base and entering new markets.
- Financials: The company has shown consistent revenue growth, although it is not yet profitable.
Why It’s Great:
Veritone’s focus on leveraging AI to transform data into actionable intelligence positions it well for future growth.
2. CooTek (Cayman) Inc. (NYSE: CTK)
CooTek is a mobile internet company that integrates AI technology into its applications, including its popular TouchPal keyboard.
Key Features:
- AI Integration: Uses AI to enhance user experience and engagement.
- Diverse Portfolio: Offers a range of apps in various categories such as healthcare, fitness, and education.
- Market Expansion: Expanding its reach in international markets.
Why It’s Great:
CooTek’s innovative use of AI in its applications and its expansion strategy make it a stock to watch.
3. Lantronix Inc. (NASDAQ: LTRX)
Lantronix provides secure data access and management solutions for Internet of Things (IoT) and IT assets, leveraging AI for enhanced functionality.
Key Features:
- AI and IoT: Integrates AI with IoT to provide advanced solutions.
- Strong Partnerships: Collaborates with leading technology companies.
- Revenue Growth: Demonstrates steady growth in revenue.
Why It’s Great:
Lantronix’s combination of AI and IoT offers unique solutions, positioning it for continued growth in the tech industry.
4. Oblong Inc. (NASDAQ: OBLG)
Oblong Inc. specializes in collaboration technology, utilizing AI to enhance remote work and virtual meetings.
Key Features:
- AI-Powered Collaboration: Uses AI to improve virtual meeting experiences.
- Innovative Solutions: Known for its advanced collaborative platforms.
- Industry Demand: Increasing demand for remote work solutions boosts potential.
Why It’s Great:
With the rise of remote work, Oblong’s AI-powered solutions are increasingly relevant and in demand.
5. Remark Holdings Inc. (NASDAQ: MARK)
Remark Holdings focuses on developing and deploying AI-based solutions for a variety of sectors, including retail, health, and safety.
Key Features:
- AI Solutions: Offers AI-driven products and services.
- Diverse Applications: Utilized in multiple industries for safety and operational efficiency.
- Market Expansion: Actively expanding its product offerings and market reach.
Why It’s Great:
Remark Holdings’ diverse AI applications make it a versatile player in the AI space.
6. SuperCom Ltd. (NASDAQ: SPCB)
SuperCom leverages AI and IoT for its cybersecurity and identity management solutions.
Key Features:
- AI-Driven Security: Uses AI for advanced cybersecurity measures.
- Identity Management: Provides solutions for governments and enterprises.
- International Presence: Operates in multiple countries, enhancing its global footprint.
Why It’s Great:
SuperCom’s focus on AI-driven security solutions is critical in an increasingly digital world.
7. Predictive Oncology Inc. (NASDAQ: POAI)
Predictive Oncology utilizes AI to develop personalized cancer treatments, making significant strides in the healthcare sector.
Key Features:
- AI in Healthcare: Uses AI for personalized oncology treatments.
- Innovative Research: Conducts cutting-edge research in cancer treatment.
- Partnerships: Collaborates with leading healthcare institutions.
Why It’s Great:
Predictive Oncology’s use of AI in healthcare represents a major advancement in personalized medicine.
8. Bionano Genomics Inc. (NASDAQ: BNGO)
Bionano Genomics uses AI to analyze genomic data, providing insights that can lead to breakthroughs in medical research.
Key Features:
- AI Genomics: Leverages AI for genomic data analysis.
- Research and Development: Focuses on innovative medical research.
- Growth Potential: Increasing adoption of AI in genomics enhances its growth prospects.
Why It’s Great:
Bionano Genomics’ application of AI in genomics is paving the way for new discoveries in medical research.
9. Cloudera Inc. (NYSE: CLDR)
Cloudera provides data management and analytics solutions powered by AI, helping organizations make better data-driven decisions.
Key Features:
- AI and Data Management: Integrates AI for advanced data analytics.
- Enterprise Solutions: Offers scalable solutions for large organizations.
- Market Leadership: Recognized as a leader in data management.
Why It’s Great:
Cloudera’s robust AI and data management solutions make it a key player in the enterprise software market.
10. MAXE – AI-Powered Investment Assistant App
MAXE is an AI-powered investment assistant app that leverages extensive historical data training and real-time analysis of major global assets. It provides users with valuable investment portfolios tailored to their needs.
Key Features:
- AI-Powered Insights: Uses AI to analyze vast amounts of data for investment recommendations.
- Real-Time Analysis: Offers real-time insights on global assets.
- User-Friendly Interface: Easy to use, providing valuable information at your fingertips.
- Investment Portfolios: Helps users build and manage investment portfolios based on AI-driven analysis.
Why It’s Great:
MAXE’s advanced AI capabilities and real-time analysis make it an indispensable tool for investors looking to make informed decisions in the stock market.
Conclusion
Investing in AI stocks under $10 can be a smart move for those looking to capitalize on the growth potential of artificial intelligence without a significant financial outlay. The stocks listed above represent some of the most promising opportunities in the AI sector for 2024. Additionally, using tools like MAXE, an AI-powered investment assistant app, can help you navigate the stock market and make informed decisions based on comprehensive data analysis.