1 Top Artificial Intelligence (AI) Stock to Buy Before It Soars 70%, According to Loop Capital
The artificial intelligence (AI) revolution is in full swing, and according to one Wall Street analyst, things don't appear to be slowing down any time soon for one extremely well-positioned company.
While most investors are gravitating toward chip leader Nvidia (NASDAQ: NVDA) at the moment, AI is and will continue to mint other market winners as well. In fact, one S&P 500 AI company has outperformed even Nvidia this year. And despite this stock's impressive 2024 run, one Wall Street analyst predicts another 70% surge.
This year, server-maker Super Micro Computer (NASDAQ: SMCI) has already surged 212%, handily outperforming Nvidia's impressive 149% year-to-date gain.
Source Fool.com
