Artificial intelligence stocks

You might think that AI is just for sci-fi movies, but it's slowly working its way into our day to day lives. Here we cover some of the best AI stocks to invest in.

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Artificial intelligence (AI) systems are ones that can do things that humans would use intelligence for. These systems may include planning, learning and problem solving. There are loads of examples of AI in science fiction shows like Westworld, Humans and Black Mirror, albeit all with a bit of a negative swing on it.

No doubt, you come across AI in your everyday life – whether it’s a small task like asking Alexa to turn your lights on, getting the Roomba to clean your living room or having your registration number recognised by a traffic camera.

There are some revolutionary and even life saving uses for AI, too, such as self driving cars and applications that can help spot tumours in X-Rays.

AI stocks

These are some of the companies that are making moves in AI.

Amazon

Of course, you’ll have heard of Amazon. It powers the Alexa enabled devices in your home that turns on your lights, sets your alarms and notifies you of what’s being delivered. It’s more sophisticated than many even understand as it can recognise who it’s talking to and even if you’re whispering.

On the Amazon site, AI determines what adverts to show you and what products you may be interested in based on your previous purchases (although it believes that my slow cooker was the first in a collection of slow cookers).

There’s little doubt that Amazon will grow its AI even further beyond where it is now.

Alphabet

You probably know Alphabet by its child’s name, Google. Of course, Google is an amazing and revolutionary search engine that’s even been turned into a verb (a rare accomplishment also awarded to FaceTime and Hoover).

Alphabet is aiming to make its AI systems accessible to everyone under an open-source license. It is building AI into its search function as well as its advertising system. Autonomous driving technology company Waymo is a subsidiary of Alphabet.

Nvidia

Nvidia has been a way for investors to get access to AI for quite some time. It creates technology that is central to AI. Its graphics processing unit (GPU) helps to power autonomous vehicles, cloud computing and high performance gaming. These are areas that require deep learning.
Nvidia is partnered with Sony and in January 2020 unveiled a car at the Consumer Electronics Show in Las Vegas.

IBM

International Business Machines (IBM) sells AI tool kits for healthcare, cybersecurity, financial services, supply chain, video and customer services. It’s well known for its chess computer “Deep Blue” beating chess grandmaster Garry Kasparov at a game of chess in 1997.

It aims to infuse AI into everything we do to help make more accurate predictions, automate decisions and processes and optimise employee time. It’s got “Watson”, which brings AI tools and apps together with data. There are loads of pre-built Watson applications such as the Watson assistant and Watson Discovery, or you can use Watson APIs such as visual recognition, text to speech or personality insights.

Apple

Apple has a tonne of AI stuff going on. We’ve been asking Siri to send texts, do quick maths sums and set our alarms for years. This feature makes use of machine learning and is the most obvious use of AI, but there’s actually loads of examples of AI in the background.

Say you’re drawing with the Apple Pencil and you lean your palm against the screen. Machine learning is what means that the iPad knows not to scribble in the area that your palm is rested.

Then, in the photos app, the iPhone sorts your photos into categories and can recognise faces in photographs and sort them. Assign your nieces name to a photograph of her and you’ll be able to search the name in the app to find every photo you’ve got of her.

AI ETFs

If you’re looking for some exchange traded funds that invest in companies making marks in AI, then you’re in the right place.

ARK Industrial Innovation ETF (ARKQ)

Key holdings:

Ticker Company name
TSLA Tesla Inc
MTLS Materialise NV
TWOU 2U Inc
XLNX Xilinx Inc
PRLB Proto Labs Inc
DE Deere & Co
JD JD.Com Inc
TRMB Trimble Inc
GOOG Alphabet Inc
SSYS Stratasys Ltd

Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ)

Key holdings:

Ticker Company name
NVDA NVIDIA Corp
ABBN Abb Ltd
ISRG Intuitive Surgical Inc
6861 Keyence Corp
6954 Fanuc Corp
RSW Renishaw PLC
TECN Tecan Group AG
6645 Omron Corp
6383 Daifuku Co Ltd
6506 Yaskawa Electric Corp

iShares Robotics and Artificial Intelligence ETF (IRBO)

Key holdings:

Ticker Company name
PINS Pinterest Inc
1810 Xiaomi Corp
AMD Advanced Micro Devices Inc
6594 Nidec Corp
YNDX Yandex NV
66570 LG Electronics Inc
MAIL Mail ru Group Ltd
3888 Kingsoft Corp Ltd
NVDA NVIDIA Corp
DOYU Douyu International Holdings Ltd

AI Powered Equity ETF (AIEQ)

Key holdings:

Ticker Company name
GOOGL Alphabet Inc
AMZN Amazon.com Inc
AAPL Apple Inc
AMD Advanced Micro Devices Inc
Cash Component Cash Component
MSFT Microsoft Corp
TDOC Teladoc Health Inc
TSLA Tesla Inc
LVGO Livongo Health Inc
TMO Thermo Fisher Scientific Inc

AI Powered International Equity ETF (AIIQ)

Key holdings:

Ticker Company name
SHOP Shopify Inc
SAP SAP SE
TM Toyota Motor Corp
AZN AstraZeneca PLC
RHHBY Roche Holding AG
Cash Component Cash Component
SIE Siemens AG
GRVY Gravity Co Ltd
TEAM Atlassian Corporation PLC
SPOT Spotify Technology SA

Compare investment services

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Your first 50 trades are free with Fineco, until 31/12/2020. T&Cs apply.
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Capital at risk.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
Capital at risk. 0% commission but other fees may apply.
Hargreaves Lansdown Fund and Share Account
£11.95
£5.95
No fees
Hargreaves Lansdown is the UK's number one platform for private investors, with the depth of features you'd expect from an established platform. Capital at risk.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Open an ISA, Trading Account or SIPP you will get £100 of free trades to buy or sell any investment (new customers only).
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Moneyfarm stocks and shares ISA
£1500
0.75%
£0
Capital at risk.
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Interactive Investor stocks and shares ISA
Any lump sum or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
Legal & General stocks and shares ISA
Legal & General stocks and shares ISA
£100 or £20 a month
0.61%
N/A
Legal & General is a big financial services company which offers insurance, lifetime mortgage, pensions and stocks and shares ISAs. Capital at risk.
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Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
Moneyfarm Pension
£1,500 (initial investment)
7 funds
0.35%-0.75%
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100 or £25 a month
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Interactive Investor Pension
Any lump sum or £25 a month
Over 3,000 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Capital is at risk.

Warning: This article offers information about investing and the stock market, but is not personal investing advice. The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please get professional advice, for example from a financial adviser.

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