If you look at the world’s largest companies today, you should notice a pattern.
They are all leaders in their respective technologies.
Apple’s industry-stomping phones, tablets and computers.
Microsoft’s still-disputable monopoly on software.
Amazon’s ecommerce dominance.
But there’s a second, almost hidden pattern between the top companies of today: they all make full use of artificial intelligence.
Just think about the predictive texts your phone comes up with, the Alexa you get to play music for you and the targeted ads you deal with every day.
These are all based on artificial intelligence of some sort.
Facebook’s AI, for instance, knows what kinds of posts you are most likely to interact with. Google practically knows what you will search for before you press a key.
This is partially what built all of these companies.
They may be known for something else: phones or Windows operating systems. But they all share in the hottest developing tech trend of our times: AI.
But buying shares in any of these companies doesn’t give you a true AI play either. They are huge conglomerates at this point.
AI is important to each. But to truly profit from this revolution, you need to look at the smaller companies that enable and develop AI and AI tools.
Here are the three best AI stocks for 2021…
Automation has been a scary word for workers for decades.
First it came for the auto industry with assembly robots.
Then it came for grocery stores with self-checkouts.
Finally, it came for our own homes with robot vacuums.
But automation isn’t done yet. In fact, because of AI, automation is more capable of more things than ever.
Specifically, Fanuc ‘s AI and automation products are continuing to surge into new industries.
AI is so important here because rather than imputing every little action or movement a robot needs to make ahead of time and hoping nothing is off by a few inches or a stone gets in the way, AI allows them to “think” on their own.
Fanuc makes everything from small servo motors that go into automation to full industrial robots themselves. At the core of all of these products is Fanuc’s own AI, which it developed with NVIDIA, a power player in this space on its own.
Fanuc may be plowing forward into new industries. But Intuitive Surgical is absolutely dominating its one industry.
ISRG is now known for its da Vinci surgical system. This is one of the first and certainly the largest robotic-assisted surgical systems in the world.
As medical technology continues to advance, slowly taking human error out of surgery is obviously a goal worth chasing. That’s what ISRG does.
In fact, the AI driving its da Vinci system is only getting better, finding more and more uses in other medical treatments.
Companies with their own AI and products that use it are great. But there is a better way to take advantage of the artificial intelligence boom: the AI platform itself.
Think of it this way.
Why is Microsoft bigger than Dell? Or HP?
The answer is obvious, those other two wouldn’t have products worth selling without Windows.
That’s true for AI.
To use and develop AI for your own products, be they robots or search optimization, you need a platform from which to build.
That’s exactly what this third play does. Its software platform allows for the developing, deploying and operating of large-scale AI applications.
This platform already powers 1.1 billion predictions per day, through 4.8 million AI models.
Chances are good that the next great AI-powered product could come from this platform.
Unfortunately, I can’t reveal exactly what this play is here. I’ve already reserved that for my Stock Alpha Report subscribers.
In fact, I’m just released my newest report called “My No. 1 Artificial Intelligence Stock For 2021” on this exciting play.
It's the best company that is positioned to profit from the rise of the machines!
Now, there's not many pure AI plays and you may already know about my #1 pick.
But if you're not aware of the two "AI Winters", then it's something you must know if you plan on owning any AI stock long-term.
Here's to living rich,
Joshua M. Belanger