The hottest ticket in the technology industry right now, by far, is anything related to artificial intelligence (AI).
Much of the chatter surrounding AI has been reserved for megacap tech behemoths. However, smaller players have emerged as intriguing opportunities for growth investors too.
C3.ai (NYSE: AI) is an enterprise software platform specializing in AI-powered applications for both the public and private sectors. Yet despite the company’s impressive growth, shares of C3.ai have declined 28% over the last year.
Is this an opportunity to buy a hidden gem in the AI space on sale, or are investors best off sitting on the sidelines?
Demand is high for C3.ai products, but …
The chart below illustrates the revenue trend for C3.ai over the last five years. It’s pretty clear the company has enjoyed steady momentum since AI became a focal point for the business world around the beginning…
