Ignore Nvidia: Here Are 3 Better Stocks
Nvidia (NASDAQ: NVDA) is often seen as the poster child of the artificial intelligence (AI) investment movement, and for good reason: It's been a stellar performer in 2023. However, it has a lot of expectations built into the stock and is quite expensive compared to other promising investments.
So, instead of Nvidia, take a look at these other three stocks as potential portfolio-changing AI investments.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is Google's parent company and has several investments within the AI space. However, it will see the most benefit in its Google Cloud division. Cloud computing is a great way for companies to develop AI models, as they can rent the computing resources rather than purchase them themselves. With Google Cloud specialized for many AI models (70% of generative AI companies valued over $1 billion use Google Cloud), it's a logical choice compared to others.
Source Fool.com
Alphabet Inc. A Aktie
Die Alphabet Inc. A Aktie ist ein Favorit: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Die Community erwartet für Alphabet Inc. A ein Kursziel von 179 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 147.46 € bedeuten könnte.
