3 No-Brainer Artificial Intelligence (AI) Stocks to Buy With $200 Right Now
Some of the biggest winners during the current bull market have been artificial intelligence (AI) stocks. The booming demand for AI infrastructure, software, and development tools has made some companies and their investors a ton of money over the past two years. Despite the strong growth in AI, there may be a lot more left to come.
Businesses will spend a whopping $235 billion on AI this year, according to a report by market researcher IDC. But those same analysts expect spending to climb to $631 billion by 2028. By 2032, spending on generative AI alone could climb to $1.3 trillion, according to an analysis from Bloomberg Intelligence.
Now that many companies connected to the AI boom have seen their share prices zoom higher, it may feel impossible to find an AI stock you can buy with just $200. While many brokerages allow for fractional share trading, there's something great about owning an entire share of a company. Here are three AI stocks you can buy trading at less than $200 per share that look like no-brainer investments right now.
Source Fool.com