3 AI Stocks to Buy Now and Hold Forever
Market researchers at PwC estimate that the greatest economic gains from artificial intelligence (AI) will take place in China and North America, and this could equate to over $10 trillion in economic value. PwC not only sees AI enhancing products but also making them more affordable, which could stimulate consumer demand.
Many companies across different industries will be beneficiaries of this technology, but a team of Motley Fool contributors sees a particularly bright future for JD.com (NASDAQ: JD), (NYSE: WMT), and Amazon (NASDAQ: AMZN). Let's see why they believe now is the right time to buy these top stocks.
John Ballard (JD.com): JD is one of the leading e-commerce platforms in China with over $150 billion in trailing-12-month revenue. However, the stock is trading down 66% from its previous highs. The weak economy in China pressured revenue growth in 2022, but considering the improvements JD is making to grow margins using AI, the stock could be a bargain.
Source Fool.com
Walmart Inc. Stock
The stock is an absolute favorite of our community with 88 Buy predictions and no Sell predictions.
With a target price of 71 € there is a slightly positive potential of 11.83% for Walmart Inc. compared to the current price of 63.49 €.
