2 Soaring Stocks I'd Buy With No Hesitation
The U.S. stock market has been quite volatile in the past decade. Many trends, including e-commerce, cannabis, blockchain, cryptocurrency, cloud computing, and artificial intelligence (AI), have shaped the investment landscape in this time frame.
However, AI is no passing trend and is rapidly changing the overall face of corporate America. With broad-reaching utility across industries, functions, and various spheres of daily life, this AI revolution's eventual impact is beyond imagination. According to PWC estimates, AI will contribute a mind-boggling $15.7 trillion to the global economy by 2030.
Considering that AI technologies are very much here to stay, astute investors should consider picking up at least small stakes in these soaring AI-powered growth stocks as a part of their long-term investing strategy. Here's why Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN) fit the bill.
Source Fool.com
Meta Platforms Inc. Stock
We see a rather positive sentiment for Meta Platforms Inc. with 7 Buy predictions and 2 Sell predictions.
However, we have a potential of -3.8% for Meta Platforms Inc. as the target price of 501 € is below the current price of 520.8 €.
