2 No-Brainer Stocks to Ride a Potentially Trillion-Dollar AI Wave
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Artificial intelligence (AI) stocks were last year's biggest winners, leading the Nasdaq, the S&P 500, and the Dow Jones Industrial Average to double-digit gains. This is thanks to investors' enthusiasm for the technology's potential to spark game-changing advancements -- from automating certain tasks throughout a company to helping researchers discover better drugs faster. All of this could supercharge companies' revenue growth and stock performance.Investors, aiming to get in early on this major story, piled into AI stocks, and these players in many cases delivered double- and triple-digit gains in 2024. This momentum continued into the new year -- until recently. Concerns about the economy and President Donald Trump's tariffs on imports from Canada, China, and Mexico have weighed on the overall stock market, and growth stocks such as AI players have been hit particularly hard.But here's the good news for AI investors. The AI story hasn't changed. Companies still are investing billions of dollars in AI infrastructure and platforms, and analysts predict that today's $200 billion AI market will reach $1 trillion by the end of the decade. And today, following recent price declines, you have the opportunity to get in on these stocks at dirt cheap levels.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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