3 Underrated AI ETFs With Multi-Million Dollar Potential
Investing to attain potential multi-million-dollar returns takes time, good ideas, and a bit of luck. One of the easiest ways to miss out on outsized gains is to lack the conviction needed to hold stocks through periods of volatility.
All of today's top companies have undergone multiple brutal drawdowns. It's easy to forget that just a few years ago, in 2022, Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and Tesla (NASDAQ: TSLA) all saw their stock prices fall over 40% from all-time highs. Since the start of 2023, Nvidia stock is trading up more than 1,100%, Meta is up over 500%, and Tesla, Amazon, and Alphabet have all crushed the comparable performance of the S 500 (SNPINDEX: ^GSPC).
Exchange-traded funds (ETFs) can make it easier to hold volatile growth stocks through steep downturns because of their diversification. Here's what makes the Invesco S 500 Top 50 ETF (NYSEMKT: XLG), the iShares A.I. Innovation and Tech Active ETF (NYSEMKT: BAI), and the Global X Artificial Intelligence Technology ETF (NASDAQ: AIQ) top AI ETFs to buy now.
Source Fool.com
Alphabet Inc. A Stock
With 106 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
On the other hand, the target price of 201 € is below the current price of 209.1 € for Alphabet Inc. A, so the potential is actually -3.87%.
