Wedbush Updates AI 30 Stock List, Adds CRWD, RBLX, GEV, and NBIS. Removes CYBR, C3.ai, ADBE, and ESTC.

Wedbush Securities has updated its AI 30 stock list, adding CrowdStrike, Roblox, GE Vernova, and Nebius while removing CyberArk, C3.ai, Adobe, and Elastic. The list highlights key AI companies expected to shape the sector in the coming years. CrowdStrike was selected for its expanding AI-driven security modules and strong market traction, while Roblox was added due to its AI features that enhance platform engagement and monetization potential. GE Vernova made the list for its alignment with the electrification needs of data center infrastructure, and Nebius was chosen due to high demand for AI infrastructure.

Wedbush Securities has refreshed its AI 30 stock list, adding CrowdStrike, Roblox, GE Vernova, and Nebius while removing CyberArk, C3.ai, Adobe, and Elastic. This list highlights key AI companies expected to shape the sector in the coming years.

CrowdStrike, known for its AI-driven cybersecurity solutions, was added for its expanding AI modules and strong market traction. The company's Charlotte AI platform has seen robust deal flow, further cementing its position in the market [1].

Roblox, a popular gaming platform, was selected for its AI features that enhance platform engagement and monetization potential. The company's AI-driven content discovery initiatives have driven increased platform adoption, making it a valuable addition to the list [1].

GE Vernova, a division of General Electric, was added for its alignment with the electrification needs of data center infrastructure. The company's continued build-out of data centers across hyperscalers has positioned it well to capitalize on the growing demand for power and grid tools [1].

Nebius, an AI infrastructure provider, was chosen due to high demand for its services. The company is growing rapidly to meet the red-hot demand for AI infrastructure, with demand still outpacing supply [1].

The removals from the list include Adobe, which was dropped due to slower AI start and potential impacts on its free cash flow. CyberArk was removed following its acquisition by Palo Alto Networks, a move Wedbush deemed a "home-run M&A deal." C3.ai was also removed due to a messy sales reorganization and the resignation of its CEO, while Elastic was removed due to other tech names pulling ahead [1].

The AI 30 list is a snapshot of where the tech industry might be five years from now and is a valuable resource for investors looking to gain exposure to the AI sector. The list is not a definitive guide but rather a curated selection of companies that are well-positioned to capitalize on the AI revolution.

References:
[1] https://www.thestreet.com/technology/veteran-analyst-names-30-ai-stocks-that-could-shape-the-future-of-technology-