Nvidia, Microsoft, and Alphabet Are Top Positions in This Magnificent ETF. Here's Why It's a Buy Now.
Artificial intelligence (AI) could transform the economy by completing tasks humans can't, and by making existing workers more productive. Goldman Sachs believes the technology will add $7 trillion to the global economy within the next decade, whereas Cathie Wood's Ark Investment Management places that figure at $200 trillion.
Investors are rushing to buy AI stocks like Nvidia, Microsoft, , and Amazon, all of which have soared over the past year.
But other AI stocks aren't faring so well. C3.ai stock more than doubled in 2023, but it remains 82% below its all-time high. Similarly, Upstart stock has plunged 93% from its best-ever level. Those cases prove that developing AI alone isn't enough -- companies need to build solid businesses.
Source Fool.com
Alphabet Inc. A Stock
With 88 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 186 € there is a slightly positive potential of 6.5% for Alphabet Inc. A compared to the current price of 174.64 €.
