2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
Artificial intelligence (AI) has become an emerging growth sector in the tech economy. Both start-ups and established tech companies are working to capitalize on the technology. Analysts at Grand View Research estimate the AI market could expand to $1.8 trillion annually by 2030, suggesting a compound annual growth rate of 38% over the next eight years.
These increases should serve as a solid tailwind for numerous AI stocks, and both Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Palantir (NYSE: PLTR) appear well-positioned to enrich long-term investors through AI. Let's find out a bit more about these two artificial intelligence stocks.
Admittedly, much of Alphabet's attention recently has involved its upcoming 20-for-1 stock split. However, AI played a significant role in necessitating that split. AI is critical to the company's mission to organize and democratize information.
Source Fool.com
