Use This Zacks Tool to Find Strong AI Stocks

For investors with confidence in a specific market niche, Zacks Thematic Investment Screens has you covered with over 30 dynamic investment themes. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes are built to help you sort through the noise quickly and find the stocks that offer exposure to the trends you seek.

Let’s take a closer look at the Artificial Intelligence theme and analyze a stock that the screen returned, namely NVIDIA NVDA.

Artificial Intelligence Screen

The Zacks Artificial Intelligence thematic screen features a diverse set of companies involved in the AI frenzy, ranging from creators of software and hardware that power AI to those applying and utilizing the technology through automation, diagnostics, cognitive tasks, and more.

NVIDIA Recent Earnings

NVIDIA delivered another blowout quarter, with its recent results comfortably clearing already high expectations. Revenue surged 106% year over year to $96.2 billion, whereas adjusted EPS jumped 120% to $2.22. Both items cleared our consensus expectations, reflecting the AI-favorite’s fifth consecutive double-beat.

Unsurprisingly, Data Center remained the highlight of the release again. Data Center revenue totaled $89.0 billion, up a triple-digit 117% year over year and 18% sequentially, handily clearing our consensus estimate of roughly $85.1 billion.

Overall, the stock continues to reflect one of the strongest bets on the continued AI craze, underpinned by red-hot demand that isn’t going to slow anytime soon.

Bottom Line

While stocks in each theme aren't direct recommendations, they offer a solid starting point. Leverage the Zacks Rank and other metrics to identify the best stocks for your strategy. Each featured stock comes with a Zacks report, giving you the tools to analyze performance and potential.

For those interested in viewing the full list Thematic Investing Screens, please click here >>> Thematic Investing Screens – Zacks Investment Research.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research