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Analysts loved what they saw from these three AI stocks in May, placing them on MarketBeat's list of most upgraded names during the month.
Cadence Design Systems stock has underperformed the technology sector over the past year, but analysts remain highly bullish about its prospects.
Iran deal hopes, AI-fueled tech gains and Dell's upbeat outlook lifted stocks to record highs, while inflation fears and space-stock volatility persisted.
Wall Street closed at record highs on Friday, driven by a tech rally as oil prices dropped and investors looked forward to a potential U.S.-Iran peace deal.
While ServiceNow has lagged behind the technology sector over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.
QUALCOMM has considerably outperformed its sector peers recently, yet analysts remain cautious about the stock’s prospects.
While Salesforce has lagged behind its industry peers over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
Cisco Systems has outperformed the Technology sector over the past year, and analysts are moderately optimistic about the stock’s prospects.
Wall Street closed higher on Thursday, driven by tech and healthcare stocks.
Texas Instruments has delivered stronger returns than the broader technology sector over the past year, and analysts remain moderately bullish on the stock's future performance.
Microsoft has underperformed the Technology sector over the past year, but analysts are highly optimistic about the stock’s prospects.
Apple has underperformed the Technology industry over the past year, but analysts are moderately optimistic about the stock’s prospects.