The majority of investors are familiar with artificial intelligence (AI) and the fact that it is currently being injected into nearly every industry. From cars to factories to shopping trips, AI is helping improve experiences all over the globe.
But if you delve further into the world of AI, you come across a niche sector called deep learning. With this technology, computers are able to identify patterns and trends and then analyze that data to make educated decisions.
This sounds like something human brains allow us to do on our own. But with deep learning, computers can identify and analyze data millions of times faster than any human ever could. And this speed and accuracy will be required for future technology like self-driving cars.
Today I would like to talk about two deep learning stocks leading the way in this space. Neither is a pure play on the sector, but both will see their businesses benefit greatly from the technology in the years ahead.
Deep Learning Stocks: Alphabet (GOOGL)
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), more commonly known as Google, is a leader in most technologies — and AI and deep learning are no exceptions. Alphabet has been working on deep learning for years already, but it really took things into overdrive with its 2014 purchase of a small startup called DeepMind.
If you have never heard of DeepMind, you may be more familiar with the story of Chinese game Go. It’s a very intricate and complex game that I like to equate to chess on steroids. The AlphaGo computer that runs on DeepMind’s technology was able to beat the Go world champion thanks to its deep learning technique.
Then there is GOOGL’s Waymo division, which is currently the clear leader in the race to autonomous vehicles. Deep learning is key to the future of transportation. Think of it this way: Vehicles driving down the road at 70 miles per hour need to make decisions instantly. Very complex deep learning skills will make that possible.
Deep Learning Stocks: Facebook (FB)
The world leader in social media is also a major player in AI and deep learning. Over the last five years it has been buying up private companies that are developing deep learning technology.
In fact, some of FB’s applications are already using deep learning. DeepFace recognizes peoples’ faces in photos with great accuracy. Think about how the app pops up with suggestions when you’re tagging pictures. And DeepText can determine the purpose of a post and helps eliminate spam on your newsfeed.
These things may not sound groundbreaking today, but FB is taking all the information its users are sharing and building a better and smarter social media platform — and more importantly, an increasingly successful advertising giant. That puts it among the best deep learning stocks to buy.
Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world’s biggest, most revolutionary trends BEFORE anyone else. The power of being “first” gave Matt’s readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you’re interested in making triple-digit gains from the world’s biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today.