3 Top Artificial Intelligence Stocks to Buy in June
2020 has been an eventful year, to say the least. All was well the first two months of the new decade before all hell broke loose, and while the global economy remains in various stages of lockdown and in recession due to you-know-what, the U.S. stock market indices have rallied to close to where they started at the onset of the year.
Leading the charge in this new era are technology stocks -- specifically those helping organizations and individuals cope with shelter-in-place and work-from-home orders. Artificial intelligence (AI) was already a promising growth industry, but recent events have made the need for automation and efficient use of data more important than ever. Playing out as a top investment motif for the decade ahead, don't worry if you missed the big stock market rebound the last two months. Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), salesforce.com (NYSE: CRM), and NVIDIA (NASDAQ: NVDA) are still great buys in June.
Headed into first-quarter earnings, there was ample worry that companies that rely heavily on advertising (ahem, Google) would get hit extra hard. After all, when lean economic times arrive, consumers tighten their belts, which means advertising has a lower return on investment. And thus businesses also tighten their belts on ad budgets.
Source Fool.com
