IBM

The launch of ChatGPT, the online chatbot, which simulates human conversation to answer complex questions, demonstrated the advances in artificial intelligence (AI) software over the past few years.


While AI is driving the shares of chipmakers like Nvidia to new heights, there are other technology stocks, like the three we analyze below, that let investors tap into this trend with much less risk.


INTERNATIONAL BUSINESS MACHINES CORP....
EBAY INC., $39.85, Nasdaq symbol EBAY, is still a buy for long-term gains.

The company operates e-commerce websites, in over 190 countries, where sellers pay fees to auction items or offer them at fixed prices.

eBay reported better-than-expected results for the third quarter of 2023....
CANADIAN NATIONAL RAILWAY CO., $151.77, Toronto symbol CNR, remains a buy.

CN’s 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

With the March 2023 payment, CN raised your quarterly dividend by 7.8%....
Camadian Pacific Kansas City and IBM are leading competitors in their respective markets. We still see both stocks as buys.


CANADIAN PACIFIC KANSAS CITY, $99.32, is a buy. The company (Toronto symbol CP; shares outstanding: 931.8 million; Market cap: $92.6 billion; Rating: Above Average; Dividend yield: 0.8%) ships freight over a 32,190-kilometre rail network....
ALPHABET INC., Nasdaq symbols GOOG $123.40 [class C: non-voting] and GOOGL $122.17 [class A: one vote per share], is your #1 Aggressive buy for 2023.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....

PEPSICO INC. $170 (www.pepsico.com) is still a hold. The company is the world’s second-largest soft-drink maker after Coca-Cola. The stock has moved down lately on speculation that Burger King fast-food outlets in India (about 390 stores) will end their 10-year alliance with PepsiCo in favour of a new deal with Coca-Cola....
IBM, $146.86, is still a buy. The company (New York symbol IBM; Shares o/s: 911.0 million; Market cap: $133.4 billion; TSINetwork Rating: Above Average; Dividend yield: 4.5%) has now agreed to sell its weather business to private equity firm Francisco Partners....
Top AI stocks to invest in for long-term profit and least amount of risk.
On November 3, 2021, IBM spun off Kyndryl—the new name for its business that helps corporate and government clients manage their datacentres. Investors received one Kyndryl share for every five IBM shares they held.


Since the split, IBM has gained 15%....
INTERNATIONAL FLAVORS & FRAGRANCES INC., $64.27, New York symbol IFF, remains a buy for long-term gains.

The company makes chemical compounds that improve the taste of food and the smell of consumer products.

On February 1, 2021, IFF merged with the nutrition and biosciences business of DuPont (New York symbol DD)....