Check Out These Accessible AI Stocks

If you haven’t gotten into the AI game yet, you might be wondering if it’s too late. After all, AI fever has gripped Wall Street, sending some share prices into the stratosphere. But there is still a lot of room for AI growth, with spending projected to increase from $67 billion to more than $1 trillion over the next decade. If you want to jump on board without spending a fortune, check out these three stocks with a lower entry point and plenty of upside.

Adobe

Adobe is the undisputed market leader in professional document management and design software. Its suite of creative tools is also highly popular among digital marketers. The company recently introduced its Firefly AI across its free-to-use software suite. This is helping to attract new customers and convert them to paid users, where they have access to even more advanced AI options.

Adobe shares will set you back about $500 each. That’s 25x projected 2025 earnings, which seems reasonable given the company’s solid history, market leader status, and strong free cash flow. Now might be the time to buy in, since Adobe appears to be in an excellent position for future growth.

Salesforce

Salesforce is at the top of the pack in customer-relationship management software. The company supplements its core platform with optional packages for marketing teams, customer service professionals, and more. Its new Data Cloud brings together all of the available data from each package a company has, creating a “single source of truth.” It also provides immense amounts of training data for Salesforce’s Einstein Copilot generative AI.

Salesforce did experience a weak first quarter and subsequent selloff. But analysts expect this to turn around quickly thanks to the company’s status as a market leader. Post-selloff, you can buy shares for around $250 each, or just over 24x projected forward earnings. There is plenty of room to grow, making Salesforce a strong bet.

Meta

You might be surprised to learn that Meta—the powerhouse behind Facebook, Instagram, WhatsApp, and more—is still relatively reasonably priced. With 3.2 billion average daily users, the company has the cash flow to invest heavily in generative AI across all its platforms. In fact, the sheer amount of money it’s investing this year ($35 billion to $40 billion) spooked investors into a selloff. But the company has bounced back. If you want to buy in, now would be an excellent time to do so. Each share will cost you around $500.

Lisa Fritscher has no positions in the companies mentioned. Stocks.News has positions in Meta.