1 Glorious Growth ETF That Can Help You Invest in Artificial Intelligence (AI) Stocks and Beat the S&P 500
The benchmark S 500 has delivered a compound annual return of 10.4% since it was established in 1957 (assuming all dividends were reinvested). However, a handful of stocks within the index have already obliterated that return in 2024 on the back of their efforts in the artificial intelligence (AI) space.
Nvidia, for example, is up a whopping 162% this year alone, with Meta Platforms shares rising 42%, and stock climbing 30%. Keep in mind that it's only June!
Simply put, your portfolio has probably lagged the performance of the S 500 lately if it doesn't have exposure to those AI giants. But that doesn't mean you should pile into those popular names right now.
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
With a target price of 175 € there is a slightly positive potential of 3.65% for Alphabet Inc. C compared to the current price of 168.84 €.