3 Artificial Intelligence (AI) Stocks That Could Go Parabolic [Yahoo! Finance]
Innodata Inc. (INOD)
US:NASDAQ Investor Relations:
innodata.com/investors
Company Research
Source: Yahoo! Finance
That's why shares of Nvidia , the chipmaking bellwether of that booming market, surged 2,760% over the past five years. Some investors might be reluctant to chase those breakneck gains, but plenty of overlooked AI stocks could still go parabolic in the future. Let's take a look at three stocks that fit this description: Innodata (NASDAQ: INOD) MicroStrategy (NASDAQ: MSTR) , and Lumen Technologies (NYSE: LUMN) Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Innodata was once considered a slow-growth IT services and enterprise software company. However, its stock soared from about $1 at the end of 2019 to about $32 today. That massive rally was the result of an AI-driven acceleration in its top line. Revenue rose 10% in 2023. But in the first nine months of 2024, sales soared 83% year over year to $111 million as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 266% to $20 mil
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INOD
News
- 3 Stocks to Watch From the Prospering Computer-Services Industry [Yahoo! Finance]Yahoo! Finance
- Bronstein, Gewirtz & Grossman, LLC Encourages Innodata Inc. (INOD) Investors to Inquire about Securities InvestigationAccesswire
- Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Innodata Inc. (INOD) And Encourages Investors to Reach OutAccesswire
- Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Innodata Inc. (INOD) And Encourages Stockholders to Reach OutAccesswire
- Bronstein, Gewirtz & Grossman, LLC Is Investigating Innodata Inc. (INOD) And Encourages Stockholders to ConnectAccesswire
INOD
Earnings
- 11/7/24 - Beat
INOD
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- INOD's page on the SEC website