3 Growth Stocks Leading the AI Rally
The emergence of ChatGPT in late November captured the public imagination while simultaneously sparking an artificial intelligence (AI) arms race. The human-like interaction of this next-generation chatbot attracted roughly 100 million users within its first two months of availability, making it something of an AI prodigy.
As a result of the publicity and public fascination, investors sensed an opportunity for profit, flocking to stocks positioned to benefit from the next stage of the AI revolution. They could be onto something. The global AI market could be worth as much as $14 trillion by 2030, according to the folks at Cathie Wood's Ark Investment Management.
Three stocks have led the charge in 2023, generating triple-digit gains over the past six months. Two still represent compelling investment opportunities, while one has yet to prove it can stand the test of time. Let's look at the three biggest winners in recent months to determine which ones are still worth a look.
Source Fool.com