2 Soaring Stocks I'd Buy Now With No Hesitation
Artificial intelligence (AI) has become a buzzword in 2023 and for good reason. According to research from the McKinsey Global Institute, generative AI has the potential to increase global corporate profits by $4.4 trillion annually.
Unsurprisingly, AI stocks also stand to benefit dramatically in the case of a potential bull market. Although no one can definitively tell whether we are currently in a bull market or not, investors focused on generating long-term wealth can consider buying small positions in promising AI stocks such as Palantir Technologies (NYSE: PLTR) and (NASDAQ: MSFT).
Here's why shares of these companies are well-positioned to soar even higher in the coming months.
Source Fool.com
Microsoft Corp. Stock
€394.55
0.700%
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.45% for Microsoft Corp. compared to the current price of 394.55 €.
