5 'Strong Buy'-Rated Stocks That Institutional Investors Are Buying

As artificial intelligence (AI) continues to impact a wide range of industries globally, institutional investors are broadening their exposure to companies that look poised to benefit from expanding adoption and utilization of AI tech. In an analysis of large-cap mutual funds with a combined $3.3 trillion in assets, brokerage firm Goldman Sachs (GS) noted that institutional investors trimmed their exposure to the "Magnificent Seven" market leaders during Q1, but added utilities and other AI-exposed stocks to their portfolios. 

Here are five of the AI-related stocks that institutional investors were loading up on during Q1, according to Goldman - with their list refined to highlight names that have a consensus “Strong Buy” rating from Wall Street analysts, and plenty of upside potential to analysts' mean price targets.