The One AI Stock You Should Not Buy
Briefly

Since the launch of OpenAI's ChatGPT in late 2022, the AI industry has seen significant growth, particularly reflected in Nvidia's market achievements as it became a leader in AI GPUs. The market is projected to grow dramatically from $184 billion in 2024 to $826 billion by 2030. However, not all companies are benefiting equally; BigBear.ai, for instance, has faced substantial declines, dropping over 70% from its peak, raising concerns about its financial performance and operational challenges, marking it as a stock to avoid for cautious investors.
BBAI has plummeted 63% from its February high and is down over 70% from the all-time high of $14.50 hit in 2022.
While some AI stocks have made millionaires of investors, others hold the potential to ruin them.
The AI market is projected to grow from $184 billion in 2024 to $826 billion by 2030, at a 28.5% CAGR, fueled by applications in healthcare, defense, and logistics.
Not all companies in the AI sector are poised to deliver; giants like Nvidia thrive, whereas others, like BigBear.ai, are deemed risky bets.
Read at 24/7 Wall St.
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