Special Report

ASI Profit and Protect Playbook Part 1: Buy for Profit

I believe we are just three months away from the singularity and the birth of ASI – artificial super intelligence. The moment ASI is switched on, it will shake the world to its core… and send a handful of stocks to record-breaking highs this decade.

There’s a $15.7 trillion boom coming for AI, and the first key to surviving the changes it’s going to bring and thriving in the aftermath is to make sure you’re investing in an industry required to grow at precisely the rate AI improves itself.

That industry is big data infrastructure – companies that right now are compiling, storing and working with the data that AI needs to train itself on the innumerable decisions we’re going to ask it to make. And right now, the companies that are doing that are much smaller than your Googles and Microsofts but are on the verge of a huge growth spurt that’s going to match the acceleration of AI adoption.

With these three stocks in your portfolio, you’ll be able to build the nest egg that lets you take advantage of the next part of my playbook.

So let’s get started.

AI Data Stock #1: Palantir Technologies (PLTR)

Read any 10 news stories about what Palantir does, and you’ll come away with the impression that you’ve just read about 10 different companies. The reason for that is the technology it’s developing is fundamental to anything that anyone might do with big data.

The website boldly declares their mission statement as “AI-Powered Operations, for Every Decision,” and they mean it. Their proprietary operating system Gotham is designed to sift through large datasets to pull out patterns on anything a user might need to know and speed up the process of making confident, correct decisions based on evidence.

So there isn’t a particular area of expertise that Palantir specializes in – its technology is useful in literally any field where people need to a) know things, b) draw conclusions from what they know and c) act on those conclusions. In other words, literally every field.

While the media has made a lot of noise about Palantir’s ties to intelligence, defense and law enforcement communities around the world, the truth is it’s got its fingers in almost every sector of global business. Its clients include companies in financial services, tech, healthcare, energy and commodities, manufacturing, transportation, and even media – and the more dependent the world gets on AI-powered tech, the longer that client list is going to be.

One of its biggest partners is Panasonic, which is using Palantir’s tech to upgrade and automate a factory facility in Nevada, and Amazon, which is adding a manufacturing-specific software suite developed by Palantir to Amazon Web Services for its enterprise-level clients. Add to that a new multiyear contract with U.S. Special Operations Command, and it’s clear Palantir has ensured that it’s going to be a cornerstone of government, military and civilian life as we move into a more automated future.  

It’s no surprise, then, that Palantir is already ahead over 75% year to date as of the time of writing. Now is the time to own them, before their valuation soars even further.  

Action to Take: Buy Palantir Technologies (NYSE: PLTR) at market.

AI Data Stock #2: Innodata (INOD)

Innodata is no stranger to being on the cutting edge of tomorrow’s technological developments. It was founded to help businesses digitize their content and information for use and distribution among internal and external customers.

Here’s the thing, though… the founders started that company in 1988. That’s one year before CompuServe started providing basic access to the internet… two years before the invention of what would become the World Wide Web… and seven years before the commercialized internet changed everything about how we communicate, work and live.

Talk about anticipating a market need! Since then, it’s been a quiet but constant presence in the data business, serving a wide variety of clients in media and digital publishing, marketing, aerospace and defense, banking, and government services.

The advent of AI has given Innodata a huge potential market to expand in, as well as the potential for a first-mover advantage, thanks to years of developing digital information infrastructures for commercial use. It’s already adapted its data collection and data annotation clients to training AI models and is positioning itself as a one-stop shop for companies looking to develop generative AI apps, providing everything from data extraction to evaluating model performance and even training a company’s employees to better work with AI.

That pivot has led to two things that should put Innodata on your radar.  

The first is an announcement by the company that it “has successfully closed a significant deal with one of the five largest technology companies in the world for training the customer’s AI large language models.” CEO Jack Abuhoff added, “Moreover, the customer has told us that the deal we are announcing today is likely just the beginning – that generative AI will be core to its products in the future and that it is confident we have the capabilities, experience and technology to partner with them on these initiatives.”  

The second thing? Quadruple-digit growth of 1,583% in its stock price in the last five years alone. But it’s still trading for less than $20, and the ride is far from over. 

Action to Take: Buy Innodata (Nasdaq: INOD) at market.

AI Stock #3: Extreme Networks (EXTR)

There is one way in which AI-enabled technologies will be exactly like the internet devices we use today – both require the ability to network to one another so they can function properly. But AI-enabled tech will process a lot more information than our current systems do. That’s going to turn wired and wireless networking into an even higher-demand market than it already is, and the companies that are already entrenched in that industry are going to ride a wave of accelerated growth.

That’s why Extreme Networks is on our radar right now. Headquartered in San Jose, California, Extreme has been providing networking hardware and software since the birth of the commercial internet. And through a series of aggressive mergers and acquisitions, it has extended the reach of its networking services across the world. The markets it has access to are incredibly diverse – basically anywhere that large-scale connectivity is needed, from state and local governments to colleges to sports arenas to data centers to hospitals.

That means Extreme is going to be a key player in making sure that AI systems can network into the places we’ll need them most and continue accessing all the data they’ll need to function. They’re literally going to be one of the backbones that AI workloads will require to function, and they’re already developing the tech to make sure those systems can get the information they need at speed.

Just last May, Extreme introduced the industry’s smallest, most power-efficient wireless access point for the Wi-Fi 6E protocol, which offers much greater network performance even in crowded environments where many users are accessing the network at once.

The proliferation of Wi-Fi 6E will be crucial in making it possible for AI-enabled devices to do their work efficiently across all environments, and Extreme could very well become a leading vendor of the hardware that makes it happen.

When that happens, we expect the company’s stock to skyrocket.

Action to Take: Buy Extreme Networks (Nasdaq: EXTR) at market.