2 Artificial Intelligence (AI) Stocks That Could Go Parabolic
The artificial intelligence (AI) market has surged since the start of 2023. The debut of OpenAI's ChatGPT illustrated key advances in generative AI technology and demonstrated its potential to change all aspects of tech.
As a result, an array of companies have ventured into the AI space, attempting to take slices of a pie that was worth close to $200 billion last year, and that Grand View Research forecasts will grow at a compound annual rate of 37% through 2030. And even though many stocks involved have already experienced meteoric rises, the potential of AI suggests it's not too late to invest in the trend and accrue major gains over the long term.
Tech giants have barely scratched the surface of what's possible with AI, suggesting now could be the best time to invest in the companies pushing the industry forward. So, here are two artificial intelligence stocks that could go parabolic.
Source Fool.com