Investors have been pouring into rapidly developing AI tech names over the past few months, and this is likely just the beginning. According to Grand View Research, the global artificial intelligence market reached a valuation of $136.55 billion in 2022. It’s projected that by 2030 the industry will command a revenue of nearly $1.9 trillion.
Today we’re highlighting a small-cap AI firm that’s gaining the attention of Wall Street pros. Investors with substantial risk tolerance who are looking to profit from the paradigm shift may want to consider a position in this speculative name with huge potential.
Small-cap Berkshire Grey (BGRY) leans to the speculative side of the scale, but according to the Wall Street pros offering recommendations, BGRY has the potential to reward investors with a more than 140% projected upside. The American tech company develops integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics and has been gaining investor attention. Share price is up a whopping 94% YTD and may have plenty of room to run if the analysts’ recommendations are correct.
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