Based on hardware, we’re giving the top slot to Nvidia (NVDA). Their graphics processors are what make the software of artificial intelligence fast enough to mimic true intelligence. Other companies trying to get into the space, like traditional chipmaker Intel (INTC), are still way behind the curve on this trend.
On the software side, where there are more competitors to choose from, we see the best artificial intelligence play in Microsoft (MSFT), although the difference between them and the next-best players are much narrower than on the hardware side.
Of course, “best” is a subjective term. Most of the “best” stocks are with the long-term in mind. For trading, look at AI stocks that have seen a large surge in volume lately, or have been in the news for upcoming development. Trading around those events, in addition to earnings season, can provide some short-term profits as well. Nvidia stock is pricey around $400 per share right now, but worth it for the long-term value it’s likely to create.