I was looking through 2023, 2024 for big winners around AI theme to back test a little. Here is what I observe :
– 2023: Nvidia – 233%, Vertiv – 246%, SMCI – 242%, Meta – 194%
– 2024: Palantir – 340%, Vistra Corp – 261%, Nvidia – 171%, Applovin – 268%, Meta 70%, SMCI – 66%(***copied from earlier post)
I am tracking AI IPOs that may hit the market which have the potential to go up 10-20 times.
I don’t understand quite clearly what Tempus does but being bid up as an AI play and double since IPO in spite of pull backs couple of times.
I started tracking Astera only from Dec 2024, has more than doubled from IPO giving opportunities to buy at pull backs (a. Post IPO in Aug 24 b. In April during Tariff pullback). Being a pure play AI Networking company I can understand the excitement. Though I have some understanding of the business, it very unclear how the technology will play out.
Never expected a basic infra rent out business to turn out to be such a block buster. Almost a 4x from IPO price. This confirms market is hungry for AI theme and I am on the look out for AI companies with robust business model along with growth to ride the wave.
Below are some companies to track as I am researching about future companies. Right now 2 categories where usage seem to hit production phase are 1. Code Gen 2. Sales enablement
Uday Reddy 