In this article, we will be taking a look at the 5 fastest growing AI stocks to invest in now. To read our detailed analysis of the artificial intelligence sector, you can go directly to see 11 Fastest Growing AI Stocks To Invest In Now . 5. Synopsys, Inc. (NASDAQ:SNPS) Number of Hedge Fund Holders: 66 5-year Share Price Performance: 398.6% Synopsys, Inc. (NASDAQ:SNPS) is an application software company. It offers electronic design automation software products. Stifel analysts maintain a Buy rating and $620 price target on Synopsys, Inc. (NASDAQ:SNPS) as of January 17. At the end of the fourth quarter, 66 hedge funds were long Synopsys, Inc. (NASDAQ:SNPS), with a total stake value of $3.2 billion. Carillon Tower Advisers mentioned Synopsys, Inc. (NASDAQ:SNPS) in its fourth-quarter 2023 investor letter: “Synopsys, Inc. (NASDAQ:SNPS) provides software for the development of semiconductors. Investors have appreciated the continued strength in demand from major semiconductor companies and the company’s new product announcements leveraging artificial intelligence.” Follow Synopsys Inc (NASDAQ:SNPS) Follow Synopsys Inc (NASDAQ:SNPS) Click here to read our privacy policy.
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