Artificial intelligence (AI) could change the way we treat and prevent illnesses, which makes it a highly valuable opportunity for companies. In fact, the global AI healthcare market is set to reach more than $100 billion later this decade, a Markets and Markets report shows.

Some healthcare players have recognized this potential. Two perfect examples are biotech Moderna (NASDAQ: MRNA) and medical device giant Medtronic (NYSE: MDT). These two companies are investing in it right now. And they -- and investors -- could benefit down the road.

Both of these stocks have dropped by double digits over the past year. That means you can scoop them up for an absolute steal right now. Let's take a closer look at each.

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Source Fool.com