Contrarian Investors Should Take a Look at AI Stock
The Nasdaq and S&P 500 powered upward in 2021, driven by the strength of mega-cap technology stocks.
While the S&P 600 made 71 new highs in 2021, numerous technology stocks were struggling to stay afloat. That was the situation with C3.ai Inc (NASDAQ:AI), a provider of enterprise artificial intelligence (AI) software used for digital transformation.
With AI stock’s significant price erosion, contrarian traders might want to consider a position in C3.ai Inc.
The post C3.ai Inc: Battered Tech Play Could Target $104 in 2022 appeared first on Profit Confidential.