Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks?
The demand for artificial intelligence (AI) stocks may lead investors to ponder how to invest in this sector with minimal risk. This is a critical concern as AI stocks like Nvidia and Tesla have experienced massive sell-offs when those stocks fell out of favor.
Moreover, the AI industry is comprised of smaller stocks such as DigitalOcean and C3.ai. Although investors may see considerable potential for gains, unexpected occurrences often derail such growth stories.
Fortunately for investors, exchange-traded funds (ETFs) quickly capitalized on AI, and one of the better-performing funds is the Global X Artificial Intelligence Technology ETF (NASDAQ: AIQ). The question for investors is whether the tech ETF can generate sufficient returns while reducing risk to minimal levels.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 78 Buy predictions and 30 Sell predictions.
As a result the target price of 249 € shows a positive potential of 31.11% compared to the current price of 189.92 € for Tesla Inc.
