2 No-Brainer Artificial Intelligence (AI) Stocks That Could Soar Like Nvidia
The launch of OpenAI's ChatGPT ushered in a wave of investor excitement for generative artificial intelligence (AI). One of the biggest beneficiaries of this trend is Nvidia, which helps make the technology possible with its cutting-edge computer hardware. But the software side of the opportunity is also exciting.
Let's explore how (NASDAQ: ADBE) and Palantir Technologies (NYSE: PLTR) can leverage AI to revolutionize their consumer and enterprise-facing businesses.
With shares up by 61% year to date, the market hasn't overlooked Adobe's AI potential. The productivity software company's business is hugely synergistic with AI. And Adobe has already begun rolling out the technology across its ecosystem. Consistent profits and a reasonable valuation are the icing on the cake for investors.
Source Fool.com
Adobe Inc. Stock
With 60 Buy predictions and 2 Sell predictions Adobe Inc. is one of the favorites of our community.
As a result the target price of 589 € shows a slightly positive potential of 17.85% compared to the current price of 499.8 € for Adobe Inc..
