A recently published list has unveiled the top ten artificial intelligence (AI) stocks for October 2024. These stocks belong to companies that are directly involved in the AI industry and have strong growth potential.

The selection process focused on firms classified as enablers, promoters, or developers of AI technology, rather than robotics. The stocks were evaluated based on high-ranking metrics, including projected earnings per share (EPS) growth, historical EPS growth, and one-year performance.

To be included in the list, the stocks had to have a market capitalization of at least $1 billion, a share price above $5, and an average daily trading volume of at least 500,000 shares. This rigorous filtering aimed to identify AI stocks that demonstrate strong price dynamics and earnings growth potential for long-term investors.