Analytics Insight describes top artificial intelligence stocks to buy in October

Artificial intelligence is showing its inevitable functions through AI models in multiple industries across the world in these recent years. Tech companies are highly instigated to leverage artificial intelligence to gain a competitive edge in the market with enhanced customer satisfaction and better customer engagement while manufacturing AI models. Investors tend to be in a risky position in the cryptocurrency market due to its volatility with the cryptocurrency prices. But artificial intelligence stocks provide stability to gain higher revenue in the nearby tech-driven future. Thus, let's explore some of the top AI stocks in October to provide growth in revenue to investors.

Top artificial intelligence stocks to buy in October

Persistent Systems

Market cap: US$271.77 billion

Persistent Systems is one of the popular tech companies in India and artificial intelligence stocks for investors in October 2021. It is known as a trusted digital engineering and enterprise modernization partner. It offers a wide range of services such as digital business strategy, digital product engineering, CX innovation and optimization, data-driven business and intelligence, identity, access, and privacy, and core IT modernization in the tech field on AI models. It provides these services to multiple industries like banking, financial services, and insurance, healthcare, and life sciences, industrial, software, and hi-tech, as well as telecom and media. Recently, this tech company has announced a dedicated payments business unit and expansion in cloud capabilities through strategic acquisitions while leveraging artificial intelligence.

Oracle

Market cap: US$245.32 billion

Oracle is one of the well-known AI stocks in October that has outperformed the tech market on strong trading day. It offers a wide range of products such as Oracle Cloud Infrastructure and Oracle cloud applications. Infrastructure includes software, hardware, and featured products on AI models while applications include cloud applications, industry solutions, NetSuite, and on-premised applications. It provides these services to multiple industries like automotive, communications, construction and engineering, consumer goods, financial services, hospitality, government and education, retail, and many more. Thus, artificial intelligence stock from this tech company is stable to gain higher revenue after buying in October 2021.

Zensar Technologies

Market cap: US$ 108.86 billion

Zensar Technologies is another artificial intelligence stock that investors can buy in October 2021. This AI stock in October is a technology consulting services company to more than 130 leading enterprises. It offers expertise in conceptualizing, designing, engineering, and managing digital products through innovation in artificial intelligence in AI models. It serves multiple industries such as hi-tech, banking and financial services, insurance, healthcare, and many more.

TD SYNNEX

Market cap: US$10.21 billion

TD SYNNEX is a popular AI stock in October for providing business process services by leveraging artificial intelligence. It provides system components, consumer electronics, virtual distribution, online services, cloud services, marketing services, telemarketing campaigns, and many more. The tech company is known for offering technology products, services, and solutions to the world through cutting-edge technologies such as artificial intelligence.

The Trade Desk

Market cap: US$33.71 billion

The Trade Desk is one of the top artificial intelligence stocks that operates a self-service cloud-based platform to allow consumers to create and optimize data-driven digital advertising campaigns. This tech company holds a huge potential for growth in October because investors have observed that it continues to benefit from mobile and desktop advertising rather than radio and print media, as per the digital transformation.