2 AI Stocks Up Over 30% This Year Have More Upside in Them
There will be a lot of also-rans in the artificial intelligence (AI) market, but investors don't need to take chances on risky start-ups. The large tech companies offer the safest way to invest in the growth of AI while still realizing market-beating returns.
(NASDAQ: MSFT) and Google's parent company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are great AI stocks to consider. These companies have billions in cash to invest in new technologies to drive demand for their services.
Microsoft share prices are up 40% year to date, while Alphabet stock jumped 35%. These companies have been investing in AI for several years and are in a good position to benefit from the growing demand for this technology, but their stocks are still fairly valued. Microsoft trades at a forward price-to-earnings (P/E) ratio of 35, while Alphabet shares trade at 22 times expected earnings.
Source Fool.com
Microsoft Corp. Aktie
Klare Kaufstimmung für Microsoft Corp.: Viel mehr Buy- als Sell-Einschätzungen.
Ein positives Kurspotenzial für Microsoft Corp. ist gegeben, mit einem Kursziel von 431 € über dem aktuellen Kurs von 386.55 €.
