3 Small Cap Ways to Play the Expected Surge in AI

The small cap companies we’ve listed display promising growth and continue to improve their AI (Artificial Intelligence) technologies

SmallCapPower | January 24, 2019: Artificial Intelligence (AI) technologies are becoming increasingly more intricate as time progresses. Several companies work with AI, machine learning, and predictive analytics, all of which improve the creation of intelligent machines to work and react like humans. The small cap companies we have chosen are currently generating positive returns and aim to be key players in this industry.

*Share prices as at close January 22, 2019, all data obtained from S&P Capital IQ

CEVA, Inc. (NASDAQ:CEVA) – $25.70
Artificial Intelligence

CEVA engages in the licensing of Artificial Intelligence (AI) processors and signal processing platforms for semiconductor companies and original equipment manufacturers (OEMs) to serve the automotive, mobile, consumer, industrial and Internet of Things (IoT) markets. The Company offers a variety of AI processors designed to handle the complete range of neutral network workloads. On January 14, the Company announced the opening of its new R&D facility in Bristol, United Kingdom, enabling CEVA to expedite the development of its new signal processing and AI products, by tapping into the local engineering talent pool.

  • Market Cap: $562.9 Million
  • 7-Day Total Return: +2.6%
  • 1-Month Total Return: +25.3%
  • 3-Month Total Return: +9.8%

OneSoft Solutions Inc. (TSXV:OSS) – $0.55
Artificial Intelligence

OneSoft Solutions provides software services to the oil and gas pipeline sector in the United States and Canada. It offers Cognitive Integrity Management (CIM), an application that uses Microsoft Azure Machine Learning, and a variety of services including Artificial Intelligence, machine learning, intelligence reporting, predictive analytics and other components to help companies prevent pipeline failures. On January 7, the Company announced that its wholly-owned subsidiary, One Bridge Solutions Inc., signed Sinclair Oil Corporation and an unspecified oil and gas giant, both of which have adopted the CIM software.

  • Market Cap: $55.6 Million
  • 7-Day Total Return: -8.3%
  • 1-Month Total Return: +12.2%
  • 3-Month Total Return: +14.6% 

Catasys, Inc. (NasdaqCM:CATS) – $10.65
Artificial Intelligence

Catasys is a leader in the healthcare industry, providing Big Data predictive analytics, telehealth, and Artificial Intelligence to health plans and third-party payors. The Company provides OnTrak Solutions, a leading global provider of Internet of Things (IoT) developed to improve health treatment outcomes and lower the usage of medical and behavioral health plan services. Catasys’s OnTrak solutions includes a variety of components, such as the identification of qualified members, outpatient medical and psychosocial treatment, monitoring and reports, proprietary Web-Based clinical information, and more. On January 23, JPMorgan Chase & Co. (NYSE:JPM) reported purchasing an additional 10,418 shares of the Company’s stock, increasing its stake by 205.5%.

  • Market Cap: $171.9 Million
  • 7-Day Total Return: +6.6%
  • 1-Month Total Return: +4.8%
  • 3-Month Total Return: +27.4%

Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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