1 Spectacular Artificial Intelligence (AI) Stock to Buy With $50 Right Now

The cloud computing industry is dominated by trillion-dollar giants like Amazon, Microsoft, and Alphabet. Those companies also took the lead in the fast-growing market for artificial intelligence (AI) cloud services, renting state-of-the-art data center infrastructure to businesses who use it to develop and deploy AI software.DigitalOcean (NYSE: DOCN) is also a cloud provider, except it specifically targets small and mid-sized businesses who need specialized and cost-efficient services that they can't get with the larger platforms. The company also moved into the AI services space recently, providing its customers with affordable access to this revolutionary technology.DigitalOcean is coming off an incredibly strong year in 2024, which featured record revenue and surging profits. However, despite a 29% gain in its stock price this year already, it still looks like a very good value. Investors can pick up a single share right now for under $50, and here's why it might be a great idea.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool