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3 Of The Best Ai Stocks To Buy In October The Globe And Mail

Bonisiwe Shabane
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3 of the best ai stocks to buy in october the globe and mail

Looking to secure huge growth potential with artificial intelligence stocks? The timeline may be short. While few expect AI spending to decline in the short term, stock prices often reflect a promising outlook long before expected profits materialize. With AI adoption poised to go mainstream in the coming year, now is the time to stake your claim. Below is a brief overview of the state of AI, followed by a list of six AI stocks that look promising for 2025. A McKinsey report characterizes 2023 as the year "the world discovered generative AI (gen AI)." 2024 is when businesses began realizing value from using gen AI.

The rising adoption has sparked extreme demand for AI-capable computing power. Data centers, in turn, invested billions in hardware and software for powering, developing and training AI applications. In 2025, companies like OpenAI will look to move AI's capabilities into increasingly complex tasks. Use cases for AI will expand across industries and into the personal computing space. Organizations that have invested in AI will attempt to quantify the business value of those investments. How those business value questions resolve will influence the S&P 500.

Stephen Wu, founding and managing partner of Carthage Capital Management, notes that nearly half of the S&P 500 is concentrated in tech stocks. "With AI expectations running high," Wu explains, "it's crucial for AI to continue meeting expectations or there may be severe consequences." Written by George Budwell for The Motley Fool-> Enterprise AI spending is projected to reach $1.5 trillion globally in 2025, yet only 24% of companies expect to meet their deployment targets, creating massive opportunities for execution-focused providers. The U.S. government's 2026 fiscal year begins today, and with it the potential for more contract awards for defense and intelligence platforms.

Security spending for AI deployments could double to $212 billion by 2026, while government AI contracts surge, benefiting established vendors. Artificial intelligence (AI) has attracted hundreds of billions of dollars in investment this year, and companies are shifting from experiments to deployment, and demanding measurable results. Security costs are set to double, government contracts are accelerating, and businesses are moving past the hype to focus on real applications. These companies could have more growth ahead than investors realize. The artificial intelligence (AI) market has created some monster growth stocks already, but companies involved in enabling this technological revolution are still seeing growing opportunities. Here are two AI leaders that could be profitable investments over the next year and beyond.

C3.ai's (AI +3.19%) recent growth has been overshadowed by the stellar performance at Palantir Technologies, but investors shouldn't overlook C3. It recently reported accelerating revenue increases for the sixth consecutive quarter, which could set the stage for excellent returns over the next year. C3.ai continues to expand its sales in North America and Europe. In the latest fiscal quarter, it closed 71 agreements. New deals were forged with several clients, including GSK (formerly GlaxoSmithKline), Dolce & Gabbana, and the U.S. Department of Defense.

It's also expanding its footprint across state and local governments, with 25 agreements across several states, including Texas, California, and Florida. CoreWeave secured $36.6 billion in combined deals with OpenAI and Meta Platforms. Nebius jumped from obscurity to relevance with a reported $19.4 billion Microsoft compute deal. SoundHound AI posted 217% year-over-year revenue growth to $42.7 million in the second quarter of 2025. Artificial intelligence (AI) is shifting from headlines to hard dollars. Enterprises that once ran small pilot projects are now rolling out real deployments, and the capital flowing into related infrastructure, security, and applications is expanding quickly.

The focus is moving beyond a handful of chip leaders toward the companies building specialized capacity and real use cases. October is a key month, with Q3 earnings reports starting and IT budgets locking in for 2026. Three AI stocks stand out: CoreWeave (NASDAQ: CRWV), a GPU cloud provider emerging as a credible alternative to the hyperscalers; Nebius (NASDAQ: NBIS), an infrastructure dark horse that just secured Microsoft as an anchor... Nvidia and Broadcom are leading competitors in the computing unit space. Taiwan Semiconductor Manufacturing is providing the chips to nearly all players in the AI arms race. ASML's machines are required to produce cutting-edge chips.

Artificial intelligence (AI) investing is still the dominant theme in the stock market. This checks out, as it's where a massive amount of capital is getting invested to build out computing infrastructure and train models. Although it seems like AI has been the prevailing market theme for some time, there are multiple indications that this will persist for several more years, making AI a great place to invest today. I've got a list of four great buys in October, and investors should scoop up some shares as soon as possible. Artificial intelligence spending is fueling the Wall Street bull market as big tech bets big on power-hungry AI data centers and beyond. The AI hyperscalers, including Amazon, Meta, and others, are projected to spend roughly $400 billion in capex in 2025 alone.

Global data center infrastructure spending is expected to reach $7 trillion by 2030. There is no end in sight to the wave of AI spending that extends to energy and grid infrastructure because generative AI platforms like ChatGPT use 10X the energy of an average Google search. The two AI-related stocks we dive into today are not the tech stocks most associated with AI, such as Nvidia. Nonetheless, Constellation Energy and Arista Networks benefit directly from the AI megatrend that’s poised to dominate Wall Street in the back-half of the decade and beyond. Let’s dive into why investors should buy CEG and ANET now before possible breakouts in October and the fourth quarter. Both AI-boosted stocks are also long-term buy-and-hold candidates.

Constellation Energy CEG is at the forefront of the growing relationship between big tech and nuclear energy. CEG earned 20-year power purchase agreements with Microsoft and Meta META over the last year to support their AI expansion efforts. America is going all out in the global AI battle. It seems the artificial intelligence (AI) race has escalated once again following President Donald Trump's announcement that he has issued an executive order to launch Project Genesis. The administration compared its significance to the famous Manhattan Project, the World War 2 initiative to develop the atomic bomb. Project Genesis aims to develop an artificial intelligence platform utilizing supercomputers and data from various government agencies to accelerate America's efforts in advanced manufacturing, national security, and other key areas.

While it's still early and the executive order didn't detail any specific funding, a federal AI initiative makes it all the more likely that the leading technology companies will continue to benefit from strong... Here are the top AI stocks to buy right now. Google's parent company Alphabet (GOOGL 1.65%) (GOOG 1.71%)surged recently following the release of its well-received AI model, Gemini 3. Notably, Alphabet trained Gemini 3 on its own Tensor Processing Unit (TPU) chips, which are purpose-built for its machine-learning workloads. Alphabet's TPUs have gained enough attention that Meta Platforms is reportedly considering implementing them in its data centers.

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