Make a Profitable Investment with the Top 5 Machine Learning Stocks

Here are five machine learning stocks that could benefit you with a good return on investments

Machine learning is the reason behind the wondrous technologies like almost flawless Google search results, self-driving cars, AI, robotics, and technology-based healthcare systems. Machine learning is a technological phenomenon that has steadily been gaining headway across the globe. This article features the top 5 Machine learning stocks for you to invest in for 2022.

Service Now

As an enterprise cloud computing solutions provider, its NOW platform leverages AI and ML technologies for workflow automation, performance analytics, configuring management systems, data benchmarking, etc. It is currently trading at US$473.44, 4.60% down from the previous close.

Qualcomm Incorporated

Qualcomm is a technology company specializing in making mobile devices and wireless products. Its QSI segment deals with artificial intelligence and machine learning applications and on-device AI applications, and edge cloud AI are few among the many advanced services they provide. It is currently trading at a US$131.60,3.48% rise from the previous close.

Lemonade

Founded in 2015, Lemonade is an insurance company that has been built on a machine learning foundation. The company currently offers policies for homeowners, renters, pets, and life insurance. It has three main parts. There is AI Maya, which is a virtual assistant that collects information from customers, provides quotes, and manages payments. It is currently trading at US$19.23, 3.46% down from the previous close.

Snowflake

The company has built a cloud-native platform that makes it easy to spin-up databases. There are also the advantages of seemingly endless scale, a large number of integrations, and built-in systems for machine learning. It is currently trading at US$143.76, 2.94% down from the previous close.

Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited is a manufacturer of integrated circuits and semiconductors. The company has also added AI, machine learning, expert systems, and advanced algorithms to its intelligent manufacturing environment. It is currently trading at US$16.68, 0.50% down from the previous close.