110 of the S&P 500 Companies Are Talking About AI -- 2 Stocks to Buy Right Now
Artificial intelligence (AI) has been the talk of the investment community in 2023, as a number of companies have showcased the potential of their game-changing projects -- from OpenAI's ChatGPT to 's new large language model, Bard, designed for its Google Search platform.
The potential of this new technology is becoming increasingly clear, and the estimates for its impact on the broader economy are mind-boggling. Research firm McKinsey Company thinks it could add $13 trillion to global economic activity by 2030, whereas Ark Investment Management predicts that number could be $200 trillion.
It's no surprise more companies want to be involved. According to FactSet, the management teams of 110 different companies in the S 500 stock market index discussed AI during their earnings calls with investors for the recent quarter ended March 31.
Source Fool.com
Alphabet Inc. A Stock
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 13.65% for Alphabet Inc. A compared to the current price of 155.74 €.
