2 Artificial Intelligence (AI) Stocks That Could Go Parabolic
The artificial intelligence (AI) boom has been going on for quite some time, and stocks like Nvidia, , and other megacap tech companies have been the most notable winners so far. But that doesn't mean these obvious AI plays are the only way to invest.
AI technology has implications that could impact industries that might not seem so obvious, and there are some behind-the-scenes AI players that investors may want to take a closer look at. Here are two stocks in particular that could be big winners as AI evolves over the next several years, and why they could be worth a look today.
Insurance disruptor Lemonade (NYSE: LMND) leverages AI technology to improve the consumer experience, optimize its claims process, and generally make buying and using insurance far more pleasant than ever before. With over 2 million customers, it appears the product is resonating with those who need renters insurance, homeowners insurance, life insurance, pet insurance, and auto insurance. And AI could continue to improve risk assessment and other parts of the business as the technology evolves.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 7.2% compared to the current price of 391.8 € for Microsoft Corp..
