While we may still be a little far off from robot butlers and flying cars, Artificial Intelligence (AI) is here and is the wave of the future. From products to make life easier and more hands-free at home to life-saving medical technology, AI will be implemented in every aspect of life sooner than we know.  To capitalize on this growing trend, you will want to invest in some of the companies that are doing great work in the Artificial Intelligence field. Some of the top companies are names you are very familiar with and some are names you may not know. Here is a look at the 5 of the best Artificial Intelligence stocks to invest in in 2019.

 

Amazon (AMZN)

While it may seem like Amazon is taking over the world (that is a whole different article), the truth is that they just do so many things so well and Artificial Intelligence is one of them. The Amazon Alexa has been using AI for a while now and putting it right in people’s homes. Their AI product rates at the top of the list for things like internet searches, recommendations, forecasting, and security. They are now branching out into the corporate sector and creating partnerships with some of the top firms in the worlds of insurance, banking, and finance among others.

 

Microsoft (MSFT)

For a few years now Microsoft has taken a backseat to some of the sexier tech companies like the one mentioned above. However, in that time they have plotted their strategy well and made large investments in Artificial Intelligence in order to compete in the future. They have developed products for the scientific and medical industries that are on par or above what many of their competitors are doing and they now have a digital assistant home product called Cortana to compete with Google and Amazon.

 

Tencent (TCEHY)

We move from two of the biggest household names in tech in American to one of the biggest Chinese social media companies in Tencent. This company boasts over 600 million users on its social media platform, Qzone, and over 1 billion people are on their chat app, WeChat. While their Q1 earnings report was not quite as bright as anticipated, they have top streaming music and video platforms in China and are developing AI capability to be used across all their products that involve human language capabilities, personalized news feeds and facial recognition.

 

Nvidia Corporation (Nasdaq: NVDA)

Another company that has taken a hit recently with some drops in sales even though their latest earnings report this month beat expectations. Even so, it did not do much to move the stock as experts are split on what that means for the rest of the year. However, with the AI tech they are developing, most investors think the future should be on the uptick for the next few years. Their big technology is a graphics processing unit (GPU) that can put AI to use in some of the hottest technological advancements of the near future. Self-driving cars, Big Data, and gaming are all industries that Nvidia’s GPU can be a big part of.

 

Twilio (TWLO)

If you are looking for a company that has come a little out of the blue to compete with some of the giants in the field of AI, Twilio may be the right investment for you. The people who are actually creating the Artificial Intelligence, software developers, love this cloud software company and are using their products more and more frequently. They use their application program interfaces (APIs) to design features within their AI creations to make and receive both voice and text messages in AI software. A product unknown to the masses that are embedded in so much AI is a solid investment that can pay off just as much as the more familiar ones

 

Conclusion

Whether you want to go with the big names, small upstarts, foreign entrants or domestic, you want to invest in AI soon. Artificial Intelligence is creating a world that is easier, safer, more interesting and where our data is more secure. These are all things that will pay off big time for the investors that get in on the earlier end of the spectrum. These companies are starting to turn ideas and prospects into actual earnings and profits so the time is now to invest. Check out these 5 companies or others to make sure you don’t miss the boat.

 

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