Top Three Rising Stars in Machine Learning Stock World for Huge Gains in July
Machine learning is revolutionizing the stock market, and investors are eager to capitalize on the potential gains. In this blog post, we will take a detailed look at the top three rising stars in the machine learning stock world that you can add to your portfolio in July for huge gains.
1. Snowflake (NYSE: SNOW)
Snowflake is a company that develops solutions for the cloud computing industry, including advanced data analytics and training machine learning algorithms. Despite a recent pullback in its stock price, Snowflake reported impressive first-quarter fiscal 2025 results with a 34% year-over-year revenue increase. Analysts remain optimistic about Snowflake’s future, with an average price forecast of $198.51, representing a 43.66% upside potential.
2. AeroVironment (NASDAQ: AVAV)
AeroVironment is a leader in the design of AI-powered UAVs and advanced weapons systems for the military. The company reported a 6% year-over-year increase in quarterly revenue and a 33% increase in full-year revenue for fiscal 2024. Analysts give AeroVironment an average price target of $191.83, with the most optimistic analyst expecting a 39.73% upside potential.
3. Arista Networks (NYSE: ANET)
Arista Networks is a go-to service provider for cloud networking services for large data centers, cloud service providers, and high-performance cloud networking. The company reported a 16.3% year-over-year growth in Q1 2024 revenue and expects continued growth in the AI space. Analysts forecast an average price target of $333.25, with the most optimistic analysts expecting an 18.19% upside potential.
Investing in these three machine learning stocks as part of a long-term investment strategy could lead to significant gains in the future. As the machine learning industry continues to expand and evolve, these companies are well-positioned to capitalize on the growing demand for AI-powered solutions. Consider adding these rising stars to your portfolio in July for the potential of huge gains.