Best AI Stocks In Canada (Feb 2023), DM included. Even though it’s currently in its infancy, artificial intelligence has the potential to change the world in ways that we just can’t predict yet.
Even by our best estimates, we are decades away from true artificial intelligence (or artificial general intelligence), but AI’s practical applications are already numerous and growing by the day.
It wouldn’t be a stretch to say that investing in the best AI stocks in Canada could turn out to be like investing in Amazon at its IPO before you even knew what e-commerce was.
5. DataMetrex AI Stock (TSXV)
- Ticker: DM.V
- Forward Dividend Yield: N/A
- Market Cap: $41.03 Million
- Average Analyst Rating: 2.0 - Buy
AI has been aggressively used in cybersecurity nowadays. That’s because, due to the heavy digitization of data and online reliance of businesses, the “attack surface” has gotten enormous, and it’s almost impossible for conventional cybersecurity tools to cover everything and keep up with the attacks.
AI-powered cybersecurity tools are the next-generation defence, and that’s something DataMetrex engages in, albeit in an unconventional way. However, its reliance on AI-powered analytics is quite evident.
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