3 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $300 Right Now

These three stocks are all pushing artificial intelligence forward, but they trade at great values

At the same time, Over the past three years AI has dominated the conversation on Wall Street regarding how it holds the potential to transform es, create new opportunities, and drive earnings growth for numerous industries

Furthermore, Indeed, some of the biggest es in the world have been driven higher as their earnings explode amid the push for AI dominance

Furthermore, As many of the most AI stocks have soared higher, a lot of them now look fairly pricey these days from a valuation standpoint (something worth watching)

However, In contrast, But there are still a few good opportunities out there if you're willing to do the work

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Salesforce Salesforce (CRM 0

However, The company has been working to integrate AI capabilities with all of its software, but its biggest development over the past year is Agentforce

Agentforce is built on top of Salesforce's Data Cloud software, which helps aggregate all of the data generated by a into a single unified source (quite telling) (which is quite significant)

With Agentforce, customers can create AI agents that can tap into that data to make informed decisions and complete low-level tasks

Salesforce sees enterprises using Agentforce as part of their customer service and sales teams and internally for re or teaching new skills to employees

CEO Marc Benioff says it's the fastest Salesforce duct to reach that milestone, given current economic conditions

On the other hand, The strong early results of Agentforce are encouraging, but it's worth noting that it remains a small part of the overall for now

But the indirect impact could be substantial

This analysis suggests that encourages users to take more of Salesforce's ducts, including Data Cloud, which should increase revenue and retention rates over time

At that price, s are valued at just 23 times forward earnings estimates (noteworthy indeed)

That's a great value for a company that's leading the push toward agentic AI, considering recent developments

Moreover, With management's focus on imving fitability, it should be able to grow earnings per at a double-digit pace for the foreseeable future, more than justifying its current price (something worth watching)

Thanks to its scale and leading nology, which commands a premium price, TSMC brings in over two-thirds of all spending on outsourced chip duction

And that market is growing (something worth watching)

There are two important reasons why TSMC continues to take market : its scale and its nology

As the leading chip manufacturer, TSMC has more money to invest in expanding its duction capabilities, in today's financial world

In contrast, When there's a ramp-up in spending on chips we've seen with AI over the last few years, TSMC is best equipped to handle that demand (an important development), in today's financial world

Meanwhile, TSMC also takes a significant amount of its sales and reinvests it into re and development, ensuring its nology remains ahead of its closest competitors

That ensures it can continue winning contracts for the most high-end cutting-edge chips well into the future

Nvidia CEO Jensen Huang said TSMC isn't just the best in the world when it comes to its chip nology, it's "the world's best by an incredible margin (noteworthy indeed). " Management set lofty expectations for its second-quarter results, and it exceeded them based on its preliminary sales reporting

Furthermore, S of the stock have climbed higher over the last few weeks on that strong monthly sales data and overall strength in chipmakers, given the current landscape

That's far lower than most leading AI stocks, especially chipmakers Nvidia (which trades for more than 38 times forward earnings), in today's market environment

Additionally, Even after the run-up, the stock looks attractive, and it could continue to climb as AI spending doesn't look to be slowing down anytime soon

Alphabet Alphabet (GOOG 0

Many see AI as a major threat to Google, since more and more people may use OpenAI's ChatGPT or Anthropic's Claude for es for information

At the same time, Perplexity has developed duct es and its own AI-first web browser, which could displace Google's Chrome browser

Nevertheless, And OpenAI is reportedly ing in its footsteps (fascinating analysis)

In contrast, The fears accelerated in May when Apple's duct chief testified that the company saw fewer Google queries on its Safari browser in April, the first time it's ever experienced a drop in traffic

Market analysis shows implication was that AI chatbots were stealing traffic from Google

But so far Alphabet has managed to see much more benefit from artificial intelligence than any downsides

Moreover, Google has integrated AI into Google with AI Overviews, Google Lens, and Circle to

Nevertheless, On the other hand, The former has expanded the range of queries on Google, increasing engagement and user satisfaction, according to management

Importantly, management says es with AI Overviews monetize at similar rates as those without

However, Meanwhile, Google Lens and Circle to have led to an increase in duct-related es, which are generally more valuable for advertisers

Additionally, The bigger revenue driver from AI, though, is Google Cloud

Furthermore, The company has seen strong demand for cloud computing as developers look to train and develop their own software powered by large language models

Moreover, And based on its bigger competitors, there could be a lot of margin expansion for Google Cloud in the years ahead, amid market uncertainty

On the other hand, As such, it should vide strong support for bottom-line growth at Google in combination with the slow and steady growth of Google

Nevertheless, On top of that, Alphabet also has several other irons in the fire

What the data shows is biggest of those other es is ly Waymo, which has grown quickly over the past few years with its self-driving car service

The potential for Waymo once it scales and brings down the cost of duction for its vehicles is significant, but in the near term Alphabet is willing to sink money into it to maintain its first-mover advantage (remarkable data)

That's far and away the least expensive of the "Magnificent Seven" stocks and an absolute bargain considering the growth potential of Google Cloud and the cash flow generated by Google, considering recent developments

Furthermore, Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors, in light of current trends

Adam Levy has positions in Alphabet, Apple, Salesforce, and Taiwan Semiconductor Manufacturing, in light of current trends

At the same time, The Motley Fool has positions in and recommends Alphabet, Apple, Nvidia, Salesforce, and Taiwan Semiconductor Manufacturing

Moreover, The Motley Fool has a disclosure policy.