Major AI stocks are getting expensive and everyday investors are in search of low-priced names that have the potential to return huge profits in the long term. To find where smart retail investors are putting their money, we scoured Reddit's investing communities and zeroed in on low-priced stocks with real growth potential. One name kept coming up: AirJoule Technologies (NASDAQ:AIRJ).
Here's what could be driving the buzz. AirJoule is working on technology that pulls water from the air. It's focusing on two systems.
The smaller Core unit is for homes and smaller sites. The larger Prime unit is built for heavy industrial use and can make up to 2,000 liters of distilled water a day. AirJoule is expanding through partnerships.
It signed a joint venture with GE Vernova. Under the deal, GE Vernova helps build and commercialize the AirJoule systems. That's a big vote of confidence from a major industrial name.
Another important deal came with Carrier Global. Carrier is a giant in cooling and air systems. It teamed up with AirJoule to help bring the technology to market and reach more customers.
Bulls also point to its deal with Japanese water giant Kubota. Kubota bought two AirJoule systems and got exclusive rights to sell them for housing in Texas and California. The Real Story: AI Data Centers Need Water Redditors are highlighting the AI angle that makes the stock interesting.
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