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Better AI Stock: BigBear.ai vs. C3.ai
Which of these unloved AI stocks can make a comeback?
BigBear.ai (NYSE: BBAI) and C3.ai (NYSE: AI) both develop artificial intelligence (AI) modules that can be plugged into an organization's existing infrastructure to accelerate and automate certain tasks. BigBear.ai is a smaller company that plugs its modules into edge networks. C3.ai is a larger developer of AI algorithms that can be integrated into an organization's existing software.
Both stocks disappointed their early investors. BigBear.ai's stock opened at $9.84 after it went public by merging with a special purpose acquisition company (SPAC) in December 2021, but it now trades at about $2. C3.ai went public via a traditional initial public offering (IPO) at $42 in December 2020, but it trades at around $19 today. Should investors buy either of these out-of-favor AI stocks?
Image source: Getty Images.
