NVIDIA (NASDAQ:NVDA) is probably the first thing that springs to mind when you think about AI stocks. The company has seen explosive growth and sky-high valuations to match. However, not all AI stocks today come with a jaw-dropping price tag.
NVDA itself has declined to a reasonable premium. Plenty of AI companies are flying under the radar right now and are overlooked by a market that’s still obsessed with the biggest winners of the past two years.
The underdogs might not have the flashiest businesses, but they’re now sitting at record lows after the latest AI selloff shook things up. I’d argue they’ve got the potential to outshine even NVIDIA in the coming years. The downside risk is lower, and there’s significant upside potential compared to the overstretched giants.
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