Prediction: This Artificial Intelligence (AI) Company Will Be Acquired by Next Year
UiPath(PATH) The Motley Fool·2024-06-08 05:30
UiPath's growth has come to a screeching halt, and I think the company could get acquired soon.The S&P 500 and Nasdaq Composite have both posted returns of roughly 10% so far in 2024. One of the biggest catalysts driving these returns is artificial intelligence (AI).While this might make the technology sector particularly tempting, smart investors know that not all opportunities are equal.One stock that got ahead of itself amid AI euphoria is UiPath (PATH -2.04%), a developer of robotics processing automati ...