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5 Best Artificial Intelligence Stocks to Buy for 2021


5 Best Artificial Intelligence Stocks to Buy for 2021
Number of Hedge Fund Holders: 157
Alphabet Inc. (NASDAQ: GOOG) is a California-based multinational technology company that is most famous for search engine Google. The company was one of the first technology firms to appreciate the power of artificial intelligence by establishing DeepMind in 2010, a research laboratory dedicated to artificial intelligence. The company has also restructured itself around artificial intelligence in recent years, with AI-driven programs in the automobile, smartphone, healthcare, and semiconductor businesses. 
The company has a market cap of more than $1.52 trillion and posted a revenue of more than $182 billion in December 2020. New York-based market research firm Argus Research last week raised its price target on Alphabet to $2500 from $2400. Joseph Bonner, an analyst at the research firm, said that the company had recovered well from the COVID-19 slump and also won a copyright case ....

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10 Best Artificial Intelligence Stocks to Buy for 2021


10 Best Artificial Intelligence Stocks to Buy for 2021
In this article we will take a look at the 10 best artificial intelligence stocks for 2021. You can skip our detailed analysis of the AI industry’s outlook for 2021 and some of the major growth catalysts for AI stocks and go directly to
Artificial intelligence is a buzzword increasingly being used by companies around the world that seek to project themselves at the forefront of cutting-edge research that promises to transform the lives of humans. As the word loses its meaning, it is important for investors to understand what artificial intelligence is and what companies stand to gain from breakthroughs in the new technology. Market estimates suggest that the artificial intelligence industry will witness a compound annual growth of more than 40% in the first half of this decade.  ....

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Billionaire Stephen Mandel's Top 5 Stock Picks


Billionaire Stephen Mandel’s Top 5 Stock Picks
Value: $1,325,935,000
Percent of Stephen Mandel’s 13F Portfolio: 4.81%
Number of Hedge Fund Holders: 116
Netflix ranks 5th on the list of billionaire Stephen Mandel’s top 10 stock picks. Lone Pine Capital increased its hold in the company by 9% in the fourth quarter, entering 2021 with 2.45 million shares of the company, worth $1.33 billion. Investment firm Benchmark recently cut its price target on Netflix, adding that the company will have to produce compelling content on a monthly basis to stop customer churn. The firm, which has a Sell rating for Netflix, cut its price target for the streaming company to $472 from $485. ....

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Tiger Cub Billionaire Stephen Mandel's Top 10 Stock Picks


Tiger Cub Billionaire Stephen Mandel’s Top 10 Stock Picks
Stephen Mandel’s Investment Philosophy and His Hedge Fund Returns
Stephen Frank Mandel, Jr is an American billionaire and hedge fund manager who founded Lone Pine Capital in 1997. As of the end of 2020, Lone Pine has over $27 billion in managed securities. According to a report, Mandel’s hedge fund returned $9.1 billion to investors in 2020, the third biggest gain in the hedge fund industry.
In 2017, Mandel announced in a letter to shareholders that he was stepping back from day-to-day portfolio management and handing over the responsibilities to David Craver, Mala Gaonkar and Kelly Granat. However, the billionaire said that he would still be involved in discussing investment ideas with his team, coaching young associates and giving them direction. ....

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