Best Artificial Intelligence Stocks Worth Watching – March 2nd

Super Micro Computer, Salesforce, Accenture, QUALCOMM, Snowflake, ServiceNow, and Arista Networks are the seven Artificial Intelligence stocks to watch today, according to MarketBeat’s stock screener tool. Artificial intelligence stocks are shares of companies that develop or utilize AI technologies to improve products, services, or operational efficiencies. These stocks can belong to firms across various industries, ranging from technology to healthcare, where AI implementation is expected to drive innovation and growth. These companies had the highest dollar trading volume of any Artificial Intelligence stocks within the last several days.

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Shares of NASDAQ SMCI traded down $1.86 during mid-day trading on Friday, hitting $41.09. The company had a trading volume of 95,779,830 shares, compared to its average volume of 77,844,500. Super Micro Computer has a 1 year low of $17.25 and a 1 year high of $122.90. The company has a current ratio of 3.77, a quick ratio of 1.93 and a debt-to-equity ratio of 0.32. The stock’s 50-day moving average price is $36.63 and its 200-day moving average price is $39.58. The company has a market capitalization of $24.38 billion, a price-to-earnings ratio of 20.63 and a beta of 1.30.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

NYSE CRM traded up $2.73 on Friday, hitting $297.63. 10,860,281 shares of the company traded hands, compared to its average volume of 6,838,226. Salesforce has a 52-week low of $212.00 and a 52-week high of $369.00. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average price is $329.11 and its 200-day moving average price is $307.58. The company has a market capitalization of $284.83 billion, a price-to-earnings ratio of 48.95, a P/E/G ratio of 2.58 and a beta of 1.31.

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Shares of ACN stock traded down $8.59 during trading hours on Friday, reaching $348.28. 5,767,969 shares of the company’s stock were exchanged, compared to its average volume of 2,775,322. The stock’s 50 day moving average is $367.28 and its 200-day moving average is $357.83. The company has a market cap of $217.95 billion, a price-to-earnings ratio of 29.22, a P/E/G ratio of 3.23 and a beta of 1.24. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.17. Accenture has a fifty-two week low of $278.69 and a fifty-two week high of $398.35.

QUALCOMM (QCOM)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

QCOM traded up $2.74 during midday trading on Friday, hitting $157.18. 10,145,380 shares of the company were exchanged, compared to its average volume of 8,022,177. The company’s 50 day simple moving average is $164.94 and its 200 day simple moving average is $165.62. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49. QUALCOMM has a 1-year low of $149.43 and a 1-year high of $230.63. The firm has a market capitalization of $173.84 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 2.01 and a beta of 1.25.

Snowflake (SNOW)

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally. Its platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data and data products, as well as applies artificial intelligence (AI) for solving business problems.

Snowflake stock traded up $3.07 during midday trading on Friday, reaching $176.76. The company had a trading volume of 8,787,411 shares, compared to its average volume of 5,945,271. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.88 and a quick ratio of 1.88. The firm’s fifty day simple moving average is $173.19 and its 200-day simple moving average is $145.64. Snowflake has a 12-month low of $107.13 and a 12-month high of $194.40. The company has a market capitalization of $58.35 billion, a P/E ratio of -52.14 and a beta of 1.07.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of ServiceNow stock traded up $8.60 during trading on Friday, hitting $929.56. 1,567,042 shares of the stock were exchanged, compared to its average volume of 1,662,131. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a market cap of $191.49 billion, a price-to-earnings ratio of 136.10, a price-to-earnings-growth ratio of 4.51 and a beta of 0.99. ServiceNow has a 12-month low of $637.99 and a 12-month high of $1,198.09. The firm’s 50-day moving average price is $1,038.07 and its 200 day moving average price is $982.80.

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

Shares of NYSE ANET traded up $1.53 on Friday, hitting $93.10. The company’s stock had a trading volume of 12,432,831 shares, compared to its average volume of 10,723,314. Arista Networks has a 12-month low of $60.08 and a 12-month high of $133.57. The company has a market capitalization of $117.41 billion, a price-to-earnings ratio of 41.94, a price-to-earnings-growth ratio of 3.10 and a beta of 1.09. The stock has a 50 day moving average of $111.80 and a 200-day moving average of $102.19.