3 AI Stocks to Buy for "One of the Largest Investment Opportunities in Human History," According to Certain Wall Street Analysts
In June, Swiss investment bank UBS published a report that estimated artificial intelligence (AI) will add $1.2 trillion annually to the global economy by 2027. The analysts divided the AI value chain into three layers:
The report also predicted that "AI will be the most profound innovation and one of the largest investment opportunities in human history." The application layer probably offers the greatest monetization potential over time, but UBS believes companies in the enabling layer will be the biggest beneficiaries during the next three years.
Chipmakers Nvidia (NASDAQ: NVDA) and (NASDAQ: AVGO) and server manufacturer Super Micro Computer (NASDAQ: SMCI) fall into that category.
Source Fool.com
Broadcom Ltd. Stock
€146.88
1.530%
The stock is an absolute favorite of our community with 68 Buy predictions and no Sell predictions.
Based on the current price of 146.88 € the target price of 1384 € shows a potential of 842.27% for Broadcom Ltd. which would more than double the current price.
