3 AI Stocks That Could Go Parabolic
Undoubtedly, artificial intelligence (AI) is the hot topic of 2023. Indeed, according to FactSet, the number of S 500 companies that mentioned AI in their first-quarter earnings calls hit an all-time high of 110, compared to 61 a year ago.
But with so many companies eager to talk about AI, which ones actually have the most potential to profit from it? Let's dig into three stocks well positioned to benefit from AI for years to come: Advanced Micro Devices (NASDAQ: AMD), Duolingo (NASDAQ: DUOL), and Tesla (NASDAQ: TSLA).
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Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 87 Buy predictions and 2 Sell predictions.
With a target price of 176 € there is a positive potential of 30.12% for Advanced Micro Devices Inc. compared to the current price of 135.26 €.