Generative artificial intelligence (AI) has become widely known for creating content like text and images. However, a new wave of AI is emerging called agentic AI, where automated agents can perform tasks on their own without human oversight. Companies like UiPath and Salesforce are adapting to this trend. UiPath has introduced tools to help build AI agents for automation in business processes, while Salesforce offers its Agentforce solution, allowing users to create customized AI agents for various industries. Both companies are well-positioned to capitalize on the growing potential of agentic AI, making them attractive options for investment. As they develop these technologies, they aim to enhance productivity and transform how tasks are managed.
Generative Artificial Intelligence: Exploring Agentic AI Stocks
Artificial intelligence continues to revolutionize various industries, transitioning from generative AI to a new frontier known as agentic AI. Generative AI uses software to create various content forms—text, images, and audio—based on user prompts. On the other hand, agentic AI represents a significant leap forward, empowering automated agents to perform tasks without constant human oversight.
As the tech landscape evolves, investors are keen to identify companies poised to benefit from this technological shift. Here, we spotlight two notable stocks: UiPath and Salesforce.
UiPath: A Leader in Automation
UiPath, listed on the NYSE under the ticker PATH, has historically excelled in robotic process automation. This company enables businesses to automate repetitive tasks, improving efficiency. However, it is now transitioning to embrace agentic AI.
During its recent user conference, UiPath introduced its ambitious roadmap for agentic automation. Key offerings like Agent Builder will allow businesses to create autonomous agents that cooperate with existing robotic solutions. UiPath aims to serve as a neutral platform for agentic AI, allowing organizations to integrate technologies from various vendors seamlessly.
Despite recent challenges, UiPath has maintained growth momentum, showcasing a revenue increase of 9% last quarter. With a reasonable price-to-sales ratio, it presents a compelling opportunity for investors looking at the burgeoning field of agentic AI.
Salesforce: Innovating with Agentforce
Salesforce, another heavyweight in the tech space (NYSE: CRM), is also shifting towards agentic AI through its new solution, Agentforce. Known for its customer relationship management software, Salesforce has diversified into automation and analytics via strategic acquisitions.
Agentforce allows users to build and customize their own autonomous agents. These agents can address various tasks across multiple industries, including healthcare and public services, by streamlining workflows and enhancing customer interactions.
The early reception of Agentforce has been overwhelmingly positive, with Salesforce reporting over 1,200 closed deals within a short period, underscoring the solution’s potential in the marketplace. Trading at a promising price-to-sales ratio, Salesforce is well-positioned to capture the explosive growth of agentic AI.
In summary, as generative artificial intelligence gives way to its more advanced counterpart, agentic AI, both UiPath and Salesforce stand out as promising investments in this evolving landscape. Investors eager to capitalize on the next big thing in AI should closely monitor these companies as they innovate and adapt to meet the future’s demands.
What are some good AI stocks to buy?
When you look at AI stocks, two that stand out are Nvidia and Alphabet. They are leaders in the AI field and show great potential for growth.
Why should I consider Nvidia?
Nvidia makes powerful graphics cards used in AI and gaming. Their technology is in high demand, especially for machine learning and data centers.
What about Alphabet?
Alphabet, the parent company of Google, invests heavily in AI technologies. They are involved in everything from search algorithms to self-driving cars, making them a strong choice.
Is it a good time to invest in these stocks?
Many analysts believe that as AI continues to grow, these companies will likely see increased revenue and Market share, making now a potentially good time to invest.
How can I invest in these AI stocks?
You can buy shares through a brokerage account. Make sure to do your research and consider your financial goals before investing.