These 3 AI stocks are mistaken for weak, their time will soon come, say Citibank analysts

If we were to pick one main theme and also a driver of growth for technology stocks in 2023, it would be fairly simple. Artificial intelligence, or AI, is a real draw for investors, and it's no coincidence that companies involved in AI development in any way are cashing in on it. That should also be the case with these 3 stocks.

In fact, Citi $C analysts have a few picks on companies that make software and are targeting the fast-growing AI market. According to the team at the famous US bank, these are companies that the market unfairly thinks are weak and not expecting much growth. Analysts are convinced otherwise.

While many firms may now look risky after the growth this year because their valuations are near ATH and thus may lack significant upside potential to estimates, Citi analyst Tyler Radke said that overall the sector looks fairly valued. And among his picks is MongoDB, which he named as his top pick for the second half of the year. While this company is growing comfortably,…