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
The stock is an absolute favorite of our community with 95 Buy predictions and no Sell predictions.
As a result the target price of 190 € shows a positive potential of 25.3% compared to the current price of 151.64 € for Alphabet Inc. A.
