3 Top Artificial Intelligence Stocks to Buy in October
Artificial intelligence (AI) is a fast-growing segment of technology. According to researcher IDC, global spending on AI (hardware, software, and services built on them) is expected to exceed $150 billion this year. By 2024, IDC expects the total to exceed $300 billion.
However, as big as it's getting, there are few viable AI pure-play stocks, and investors won't see a line item on tech companies' income statements labeled "AI revenue." Rather, these intuitive systems are being built into existing operations to help organizations increase efficiency. Nevertheless, it's still possible to invest in the growth of AI. Marvell Technology Group (NASDAQ: MRVL), Google parent Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), and salesforce.com (NYSE: CRM) top my buy list for October. Let's take a closer look at these three companies.
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Source Fool.com
