The search for artificial intelligence stocks under $10 is becoming a strong force in the business and tech sector.
This is because large tech organisations and individuals enhance workforce productivity and aim to provide solutions to common problems.
Moreover, the rising inflation and supply shortages have led to the reduction of many technology stocks.
Nonetheless, most tech names fall in price due to the temporary supply shortages and rising inflation.
As a result, their stock price becomes cheaper, making the entry point for new investors extremely attractive.
According to Gartner, a report found that at least one-third of businesses are looking to spend at least $1 million on AI in the next couple of years.
Moreover, the industry will grow at a compound annual growth rate (CAGR) of 33.6% over the next several years.
This will reach an estimated market size of $360.36 billion by 2028.
Naturally, this will lead to a massive upside for AI stocks.
After thorough research, we have been able to pick out some artificial intelligence stocks under $10.
If you are looking for information about the cheap valuations of artificial intelligence stocks under $10, you will find them here.
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Top 10 Best Artificial Intelligence Stocks Under $10
Regarding long-term technology play, every growth investor always has their eyes on the artificial intelligence space.
Even though it is hard to find AI stocks trading under $10.
We have been able to hand pick some artificial intelligence stocks under $10 for you.
Here are the top 10 artificial intelligence stocks under $10
1. Amesite Inc. (AMST)
Amesite Inc. is one of the companies that has artificial intelligence stocks under $10. It is an artificial intelligence-driven platform and course designer.
It also provides you with online products and services in the United States.
More so, it serves businesses, universities, colleges, and K-12 schools. In addition, you will find the company headquartered in Detroit, Michigan.
2. Ideanomics, Inc. (IDEX)
Ideanomics is generally referred to as a financial technology company headquartered in New York.
However, most of the company’s revenue comes from its EV business.
The company currently fronts as a FinTech company and promotes itself heavily as an EV company concurrently.
It also capitalises on the popularity of Wall Street’s bullishness in the two sectors. Summarily, the company’s focus is investing in trending technologies.
It invested in cryptocurrencies, IoT, and autonomous driving, among other trending themes.
In addition, the company’s portfolio includes dbot, Intelligenta (an AI-based solution), Liquefy (a blockchain technology platform), and Logistorm (an IoT company).
Solectrac (a smart electric tractor company), Timios (a real estate transaction platform), Treeletrick (an electric bike company) and Wave (an EV charging solution provider) are not left out.
3. Duos Technologies Group, Inc. (NASDAQ: DUOT)
Duos Technologies Group, Inc. is one of the artificial intelligence stocks under $10.
It designs, develops, and delivers artificial intelligence-based security, safety, and analytics solutions in North America.
However, its stock currently trades under $10.
The company offers top intelligent solutions and has the potential to become a successful long-term AI play with its strong portfolio of intellectual property.
More so, its core competencies revolve around building intelligent technologies for transforming rail transportation.
4. Alithya Group Inc. (ALYA)
Alithya Group Inc. provides strategy and digital technology services in Canada, the United States, and Europe.
It is one artificial intelligence company’s business whose strategy services include strategic consulting, digital transformation, organisational performance, and enterprise architecture services.
In addition, it provides application services, such as digital applications development, legacy systems modernisation, and many more.
Also, it serves financial services, energy, manufacturing, telecommunications, transportation and logistics, professional services, healthcare, and government sectors.
5. Innodata Inc. (NASDAQ: INOD)
Innodata is a leading data engineering company with artificial intelligence stocks under $10.
It operates in the United States, Canada, the United Kingdom, and the Netherlands.
The company uses developed artificial intelligence and machine learning (AI/ML) models to help its clients solve complex data challenges.
It also creates usable digital data and sets up effective marketing strategies.
More so, it recently expanded its AI capabilities to support large-scale robotics artificial intelligence industries.
It, however, currently has a stock price under $10 and a market cap of $170 million, which is presently less than 5x sales.
This shows that the stock is relatively underpriced.
6. Infobird Co., Ltd (IFBD)
Infobird Co., Ltd, which operates as a software-as-a-service (SaaS) provider of artificial intelligence, currently their stocks is under $10.
However, it enabled customer engagement solutions in the People’s Republic of China.
It also offers standard and customized customer relationship management cloud-based services, such as SaaS.
In addition, it serves companies and organisations, mainly in the finance, education, public services, healthcare, and consumer products industries.
7. CooTek [Cayman] Inc. (NYSE: CTK)
CooTek is a big-data-driven mobile internet company that offers various software applications.
This software is built with artificial intelligence and machine learning technologies.
It operates in the United States and internationally.
In addition, its most popular product is the TouchPal Smart Input, an AI-based alternative input method for mobile devices.
These are made available for android, iOS, Windows Mobile and Windows 8.
Moreover, TouchPal supports approximately 110 languages and has over 100 million daily active users.
It also offers VeeU, a short video sharing platform that aggregates video content and professional user-generated short videos.
The company has a remarkable management team who have experience working in world-class software application companies.
8. Lantronix, Inc. (LTRX)
Lantronix, Inc. is also an artificial intelligence stocks under $10.
The company provides software (SaaS), engineering services, and hardware for edge computing.
It also uses the Internet of Things (IoT) and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and Asia Pacific Japan.
However, it offers a system on modules, single-board computers, and development kits.
Also, it offers services for mechanical, hardware, and software engineering for the camera, audio,
In addition, it offers its products through value-added resellers, systems integrators, distributors, and online retailers.
It also uses original equipment manufacturers; and an e-commerce site for direct sales.
9. Remark Holdings, Inc (MARK)
Remark Holdings is an artificial intelligence company that engages in the development of AI-based solutions for businesses.
Its services extend to software developers in numerous industries such as retail, banking, education, entertainment, and public safety.
Also, it operates a digital media business that delivers dynamic content to aid businesses and organisations in their marketing efforts.
It is currently trading artificial intelligence stocks under $10.
However, the stock is relatively not economical as it has a market cap of over $50 million and trades at a price over 18x TTM sales.
10. Qudian Inc. (QD)
Qudian Inc. provides online small consumer credit products in the People’s Republic of China.
However, it uses big data-enabled technologies, including artificial intelligence and machine learning to modify the consumer finance experience.
It also offers small credit products, such as cash credit products.
In addition, it uses merchandise credit products to finance borrowers’ direct purchase of merchandise offered on its marketplace on an instalment basis.
It also utilises a platform for loan recommendations and referral services to third-party financial service providers.
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Our Take
Artificial intelligence is upsetting the status quo and is here to stay. Investing in artificial intelligence is like investing in the future.
Most tech companies are operating artificial intelligence stocks under $10.
Are you busy putting together a portfolio of Artificial Intelligence (AI) stocks?
AI innovations are taking over the investment world by storm. They are often combined with Machine Learning (ML) technology.
Investors are always on the lookout for the next big thing. AI companies have been around for a long time, but their popularity is growing lately.
Investing terms are often hard to understand.
AI stocks are the future, and the basic rule of thematic investing is to buy stocks now that will benefit from mega-trends that are easy to predict.
which will make the value go up over a longer period of time, usually 10 years or more.
The rush is on, though, to find deals and little diamonds in the rough before a lot of people drive up the prices of these securities.
AI has the potential to replace any human thought process with a computer design that gets better over time.
This is a result of the temporary supply shortages and rising inflation.
As such, stock prices become cheaper, making the entry point for new investors extremely attractive.
