There aren't many sectors you could predict will go up on coronavirus fears. The Dow Jones Industrial Average continues to fall despite the U.S. Federal Reserve cutting rates by 50 basis points. Travel is down, and oil has plummeted to a four-year low of $27 per barrel.
Investors who aren't fleeing to gold and other safe havens might choose stocks in companies developing coronavirus vaccines. Or maybe you found a company that makes respirators and surgical face masks.
But those aren't your only options in a coronavirus outbreak.
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In fact, there's a trend right now that will almost certainly outlive the coronavirus. This trend is even being used to combat the virus itself. It's not healthcare, but healthcare is benefiting from it greatly...
We're talking about artificial intelligence (AI).
First, this isn't science fiction. AI is simply a way for computers to analyze massive amounts of data and find patterns that would take years for humans to find on their own.
AI is an industry set to expand at a compound annual growth rate (CAGR) of 46.2% between now and 2025. That's huge - the average S&P 500 CAGR is just over 7%.
And one artificial intelligence stock in particular is our top coronavirus stock to buy while volatility runs high.
We'll share that stock with you in a moment. But first, here's how AI is helping contain the disease.
How AI Is Fighting the Coronavirus
Right now, large institutions like Johns Hopkins and Harvard Medical School are using artificial intelligence to monitor the coronavirus outbreak.
Both organizations are mining data from all sorts of places to determine how the disease is spreading.
Harvard has been extracting information from social media, news, and public health records to observe how the virus is spreading outside of China. They're looking for mentions of specific symptoms in different geographic areas.
This involves "natural language processing," which is the AI's ability to distinguish not only specific keywords, but the context of those words. For example, it can decipher whether people are complaining about actual symptoms or simply referring to the news they hear.
At Johns Hopkins, researchers used AI to bring data together into a visualization mapping the spread of the virus around the globe.
Some private companies have even made strides ahead of world governments to track the disease. BlueDot, a Canadian AI firm, was even days ahead of the U.S. Centers for Disease Control at predicting the coronavirus outbreak by tracking animal disease and airline data.
While private industry typically innovates at a faster pace than public organizations like the CDC and WHO, this could be the year we see government bodies start to build AI into their networks.
The top AI stock today is proving this by forming partnerships with governments around the world.
It hasn't been immune from the recent slump, but its essential business means it could lead the recovery during the bounce-back.
And it has the potential to return 176% gains over the next year...
The Best Coronavirus Stock to Buy Now Is in AI
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Veritone Inc. (NASDAQ: VERI) has landed partnerships that will lend it significant growth over the next year.
For starters, this California-based company developed the first operating system for artificial intelligence in the world. It's called aiWARE.
As of September 2019, aiWARE is being adopted by Microsoft Azure Government, enabling the OS to be used by both state and federal agencies. Azure can use Veritone's applications for an untold number of use cases - in both government and business.
With Microsoft Azure Government, aiWARE would help aggregate data from various places to make it actionable for law enforcement agencies.
Even more recently, Veritone signed a deal with Bell Media, the largest media company in Canada. This will give the company more useful information about what ads and content to run.
There you have it. One example of AI aiding government-specific tasks. Another example of AI improving analytics in private business. Both from the same company.
The possibilities with AI are endless, and Veritone seems to be grabbing its share in those possibilities fairly quickly.
Veritone isn't working in the healthcare space right now. But it's obvious from the outbreak that AI is going to become a priority for governments and health providers going forward.
Government adoption of both Azure and aiWARE means it's more likely organizations like the CDC can get a jump on any new threats like the coronavirus that pop up.
Don't be surprised if Veritone picks up contracts in the healthcare space sometime soon.
You can grab it for just $2.46 right now. It's trading about even on the year, despite the correction. But the average analyst puts it at $6.80 by the end of the year - a 176% jump.
Action to Take: If you're on a shopping spree while stocks are down, Veritone Inc. (NASDAQ: VERI) could be your opportunity for the greatest return - not just this year, but throughout the next century. Artificial intelligence will be implemented into every area of life. It's helping businesses and governments improve their performance, and researchers are even using it to understand the coronavirus. But it's still in the early stages. That's why if you pick up Veritone at $2.72 right now, it could set you up for 146% gain in 12 months. The sky's the limit from there.
You Can Collect $4,238 with This Options Trading Secret
For years, this guy was beating the stock market's top traders.
Trade after trade, he was raking in a ton of money - making it look easy.
He got so good, he started his own financial tech company. Then one of the largest investment firms on the planet offered him $20 million to buy it, along with all of his most valuable trading secrets.
But today, he wants to share with you the one secret they didn't get.
And truth be told, this might be the most lucrative one yet.
What he's invented is so unique - so incredible - it's almost hard to believe.
He's found a way to predict the future buying patterns of nearly any stock on the market.
With this little trick, he can see major Payday Appointments long before they arrive.
It's the reason he was able to collect $4,238 on Netflix, Facebook, Apple, and Amazon all under a minute's time.
And while it may have been a challenge to create this moneymaking "machine," it's super easy to understand and even easier to put into action.
In fact, he's going live from his private office in Florida to show you just how simple this options trading secret really is.
Click here to get access to this live footage.
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About the Author
Mike Stenger, Associate Editor for Money Morning at Money Map Press, graduated from the Perdue School of Business at Salisbury University. He has combined his degree in Economics with an interest in emerging technologies by finding where tech and finance overlap. Today, he studies the cybersecurity sector, AI, streaming, and the Cloud.