Top Artificial Intelligence Stocks to Buy in March: OpenText, CGI, and VIQ Solutions
Artificial intelligence (AI) stocks are currently the ones to beat in the market, with many companies latching on for the ride. Three AI stocks that investors should consider for the long term are OpenText, CGI Group, and VIQ Solutions.
OpenText (TSX:OTEX) is a top way to be indirectly involved with AI, using it within their core enterprise information management software for various functions like data analytics, task automation, and content management. Analysts are positive about OpenText stock, with a potential upside of 25% after strong earnings results.
CGI Group (TSX:GIB.A) offers AI-powered solutions across industries like healthcare, finance, and manufacturing. The company has positioned itself as a strategic partner for AI integration, with over 5% of quarterly sales coming from AI-related bookings. Analysts remain positive about CGI stock after revenue and EPS growth.
VIQ Solutions (TSX:VQS) provides secure AI-driven digital voice and video capture technologies and services, used across industries like law enforcement, healthcare, and education. While the stock is in its growth stage and reported a net loss for the quarter, analysts believe it has potential for significant growth once profitability is achieved.
Investors looking to capitalize on AI stocks should consider these three companies as potential long-term holds. The AI craze is driving growth in these companies, making them attractive options for investors in March.