The No. 1 AI Stock of 2024 (Not Nvidia)
It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.
| Open | 1.89 | Prev Close | 1.75 |
| High | 1.89 | Low | 1.73 |
| Volume | 397,657 | Volume (Avg) | 3,866,084 |
| 52 Week High | 7.60 | 52 Week Low | 1.73 |
| Market Cap | 35.2M | PE Ratio | -0.11 |
General
| Name | Summit Wireless Technologies, Inc |
| Ticker | WISA |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 38 |
About Summit Wireless Technologies, Inc
Summit Wireless Technologies, Inc. develops wireless audio integrated circuits for home entertainment and professional audio markets in the United States, Europe, and the Asia Pacific. It offers TX modules for integration into televisions, audio-visual receivers, media hubs, and USB or HDMI dongles; and speaker systems. The company sells its products directly to original equipment manufacturers. The company was formerly known as Summit Semiconductor, Inc. and changed its name to Summit Wireless Technologies, Inc. in September 2018. Summit Semiconductor, Inc. was founded in 2010 and is headquartered in San Jose, California.
Highlights
| Analyst Target | 7.83 |
| Market Cap | 35,242,704 |
| PE Ratio | -0.11 |
| EBITDA | -11,072,621 |
Valuation
| Trailing PE | 0.22 |
| Price/Sales (Trailing 12 Mt.) | 7.16 |
| Price/Book (Most Recent Quarter) | 4.12 |
Technicals
| Beta | -0.34 |
| 52 Week High | 7.60 |
| 52 Week Low | 1.73 |
| 50 Day Average | 3.59 |
| 200 Day Average | 2.88 |
Earnings
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