Best artificial intelligence stocks to buy in 2022

The AI sector includes lots of young and innovative companies. Here our experts choose the best five AI stocks to invest in right now and explain why you should own them.
By:  &  Jayson Derrick
Updated: Sep 23, 2022
Tip: our preferred broker is, eToro: visit & create account

This page covers the best artificial intelligence and machine learning companies in the world. Our experts have combed through all the options on the market and picked out the top performers so you don’t have to.

What are the top artificial intelligence stocks to buy?

Here are the best five AI companies according to our expert analysis. The most up to date price information for every stock is available if you follow the links in the table below. Alternatively, scroll down to find a more detailed explanation of why each has been chosen.

#Stock tickerCompany nameTrade now
1PLTRPalantir Technologies
2AIC3.ai
3CRMSalesforce
4AMDAdvanced Micro Devices
5DOCUDocusign
List selected by our team of analysts, updated 27 January 2022.

1. Palantir Technologies (NYSE: PLTR)

Palantir uses artificial intelligence to analyse data. Founded in 2003, it’s a company that often works with government agencies like the CIA and US Department of Defence to help them train AI algorithms with large data sets.

The company has only been public since late 2020 but its stock price has already doubled since then. Because of the way it operates in the background and who it works with, it’s not that well known amongst the wider population. However, it has begun expanding its customer base to include clients in the financial and healthcare sectors as well.

Alongside growing the base, Palantir’s revenues have been on the up and up as well. It operates in a niche area and offers data services to companies that don’t have the funding or the expertise to create it themselves. That puts it in a great spot to keep making money and means there’s an opportunity for investors to get in on the ground floor. 

2. C3.ai (NYSE: AI)

C3.ai is a software company that specialises in business solutions. It uses artificial intelligence to create more efficient business practices, such as streamlining supply chains and improving reliability. First set up in 2009, C3 is another young company in stock market terms, having only been public since the end of 2020.

That time on the public markets has been quite rocky. C3’s stock price fluctuated between highs of $150 a share and lows of $50 over just a few months. Those results, however, bear little resemblance to the company’s performance, which has continued to be good.

While the stock price has been jumping around, the company reported positive financial results. It has increased its revenue, particularly from subscriptions which is a good indicator of long term success, and added new partnerships in Asia. Like Palantir, it could be a good time to invest in C3.ai before the rest of the market catches up.

3. Salesforce (NYSE: CRM)

Salesforce is a cloud software company. Set up in 1999, its range of software is focused on customer service and marketing, and it’s best known for its leading customer relationship management (CRM) platform.

Like many cloud-based services, Salesforce did well out of the lockdown as more people were forced to work from home. Having performed well for a while, its stock price went up a further 30% in the aftermath of the pandemic. 

Salesforce has teamed up with Amazon to use machine learning to improve the former’s CRM software. It also now part-owns Figure Eight, a company that uses AI to improve customer support and online search results. Both developments indicate Salesforce’s forward-thinking nature and put it in a great place to keep growing in the future.

4. Advanced Micro Devices (NASDAQ: AMD)

AMD is a semiconductor company that develops computer chips. It’s much older than the other companies on this list, having been formed all the way back in 1969. It traditionally lagged behind big names in the semiconductor industry, such as Intel, but that has changed in recent times.

The company broke through in a big way in 2019 and the stock has been on a dramatic upward trajectory ever since. It has increased by more than 500%, thanks to a convergence of the company producing higher quality chips with much more demand for things like graphics cards.

Along with the rest of its chips, AMD has a range of deep learning servers that use artificial intelligence to remove the bottlenecks that often affect regular data centres. New technology like this means AMD is set to capitalise on its big boost in popularity over the last couple of years and transform that into long term success.

5. DocuSign (NASDAQ: DOCU)

DocuSign is a software company that specialises in e-signatures. Formed in 2003 and a public company since 2017, DocuSign offers technology that lets people sign important documents digitally, from any device.

More than most, DocuSign did well out of the pandemic. With businesses forced to move most of their operations online, the need for people to sign for things online became acute. Its stock price increased by more than 200% as lockdowns took hold all over the world.

Along with its basic signature offerings, DocuSign has a much more advanced document-checking package that uses AI to scour important files for mistakes. That offers the company the opportunity to monetise a genuine enterprise-level solution that can help it make the next step in its journey.

Where to buy the best AI shares

You can buy any of the shares on this list using the brokers below. Use the links in the table to go to their website and start trading straight away, or read our detailed reviews of each platform to help you choose the right one.

1
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$ 10
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10
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Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
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Payment Methods:
Bank Transfer, Wire Transfer
Full Regulations:
CySEC, FCA
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
2
Min. Deposit
$ 100
Promotion
User Score
10
Trade out-of-hours on over 70+ US stocks
Get exposure to a wide range of popular UK, US and international stocks
Enjoy flexible access to more than 17,000 global markets, with reliable execution
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
3
Min. Deposit
$ 0
Promotion
User Score
9.5
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
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Payment Methods:
Full Regulations:

What is an AI stock?

Any company that incorporates artificial intelligence or machine learning software in the product or service they offer. AI is relatively new but these companies operate across a whole range of industries, from futuristic cloud software to enhancing the supply chains of traditional, old-school companies.

Are artificial intelligence shares a good investment?

They can be, although they are more risky than other industries because they are relatively unproven. Owning an AI stock is a bet on the future and you should be prepared to hold it for a while – years, rather than months – if you expect the technology to become more mainstream over time.

As with many tech stocks, AI companies are often volatile investments to hold. They might rise or fall dramatically over a short space of time as the industry is based on a lot of hype rather than real results at the moment. Keep your focus on the raw numbers: if the revenue and customer base keeps increasing, that’s a good sign if you’re in it for the long haul.

In an industry based on innovation and new technology, it’s more important than ever to keep track of the latest developments. New competition can spring up at any time and you want to be the first to know when it does. Use the links below to stay up to date with everything that happens in the AI sphere.

Latest AI news

Upstart Holdings Inc (NASDAQ: UPST) stock tanked more than 40% in extended trading on disappointing guidance for the full year. Its current quarter results, however, topped Street estimates. Notable figures in Upstart Q1 earnings report Net income printed at $32.7 million that translates to 34 cents…
Elon Musk, the CEO of Tesla (NASDAQ:TSLA), announced on Thursday that the Optimus humanoid robot production could begin as soon as next year. Tesla to begin production of Tesla Bot The Tesla robot, also called the Tesla Bot, was initially hinted at during the electric car maker’s “AI Day”…
AI-powered blockchain platform Oraichain has launched version 2.0 of its mainnet in an upgrade that introduces Layer 2 Rollups and opens up the blockchain space for further adoption of Artificial intelligence and interoperability. In an announcement on Thursday, 24 March, Oraichain said the upgrade brings scalability…
Meta Platforms Inc (NASDAQ: FB), formerly Facebook, claims that it won’t be able to achieve its goal of creating the ultimate metaverse without drastic enhancements in the telecommunication networks of today. The metaverse is apparently the hottest new thing in the tech world right now.  The metaverse is a seamless…
Baidu (HKG: 09888) recorded earnings per share of $1.82 in the fourth quarter, topping the $1.33 analyst estimate by 49 cents. In addition, it reported $5.19 billion total revenue in the fourth quarter, also topping the $5.06 billion consensus estimate.  Baidu tops Q4 consensus estimates Baidu Chief Executive Officer and…
Upstart Holdings Inc. (NASDAQ: UPST) is a leading AI (artificial intelligence) lending platform that grew by 25% in share price after announcing its full-year and fourth-quarter financials for 2021. The company reported $0.89 EPS in the fourth quarter, beating the $0.51 analyst estimate by 38 cents. In addition, total revenue…

Sources & references
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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.
Jayson Derrick
Senior Editor of News
Jayson lives in Montreal with his wife and daughter, loves watching hockey, and is on a lifelong quest to perfect the art of Texas style BBQ. read more.