Three major AI-focused stocks—Microsoft, Meta Platforms, and Nvidia—are trading at valuations below the broader market despite strong growth, making them potentially attractive buys for investors.

What happened

Microsoft's AI business has an annual run rate of $37 billion（約5.9兆円） and grew 123% in its most recent quarter, yet the stock has declined more than 20% in 2026. Meta's revenue grew 33% in its latest quarter while the company invests heavily in AI capabilities. Nvidia is estimated to grow 41% next year, according to Wall Street.

What to watch

For Microsoft and Nvidia, fiscal 2027 earnings projections offer the clearest valuation picture, and investors can expect upside if the companies deliver on Wall Street's growth forecasts. For Meta, news of a successful AI product could trigger a significant stock price increase, even without confirmation of a strong return on its AI spending.