AI Stock Sell-Off: Here Are My Top 2 AI Stocks to Buy Now

The recent sell-off in AI stocks has left investors wondering which companies are best positioned to weather the storm and capitalize on the long-term growth potential of the AI sector. While the market has been volatile, there are still opportunities for investors to find undervalued AI stocks with strong growth prospects. In this article, we will highlight two AI stocks that have shown resilience and have the potential to outperform in the coming months.



1. NVIDIA Corporation (NVDA)
NVIDIA is a leading provider of AI hardware, particularly GPUs, which are essential for training and deploying AI models. The company's dominance in the AI hardware market has driven its stock price higher over the past year, with shares up over 180% from their March 2023 lows. However, the recent sell-off has presented an opportunity for investors to buy NVDA at a more attractive valuation.

NVDIA's strong financial performance and growth prospects make it an attractive investment option. The company's revenue has grown at a CAGR of 31.5% over the past five years, and its earnings per share (EPS) have grown at a CAGR of 34.5% during the same period. NVIDIA's dominance in AI hardware, combined with its strong financial performance, makes it a top pick for investors looking to capitalize on the growth of the AI sector.



2. Advanced Micro Devices (AMD)
AMD is another leading provider of AI hardware, offering a range of processors and GPUs designed for AI workloads. The company's strategic focus on AI hardware and its competitive offerings have driven its stock price higher over the past year, with shares up over 150% from their March 2023 lows. Like NVDIA, the recent sell-off in AI stocks has presented an opportunity for investors to buy AMD at a more attractive valuation.

AMD's strong financial performance and growth prospects make it an attractive investment option. The company's revenue has grown at a CAGR of 28.5% over the past five years, and its EPS have grown at a CAGR of 32.5% during the same period. AMD's competitive AI hardware offerings and its strategic focus on AI make it a top pick for investors looking to capitalize on the growth of the AI sector.



In conclusion, the recent sell-off in AI stocks has created opportunities for investors to buy undervalued AI stocks with strong growth prospects. NVIDIA and AMD are two AI stocks that have shown resilience and have the potential to outperform in the coming months. Investors who are looking to capitalize on the long-term growth potential of the AI sector should consider adding these stocks to their portfolios. However, it is essential to do thorough research and consider your risk tolerance before making any investment decisions.