3 Top Artificial Intelligence Stocks to Buy in September
Artificial intelligence (AI) stocks are getting a lot of attention this year thanks to the rapid proliferation of this developing technology that has the potential to significantly boost the global economy. PwC estimates that AI could contribute a whopping $15.7 trillion to the world's annual gross domestic product by 2030.
The key players in this segment saw their stocks rise rapidly in 2023. Nvidia (NASDAQ: NVDA), for instance, is up 209% so far this year as its chips play a critical role in training and running AI models. Electric vehicle (EV) specialist (NASDAQ: TSLA) is expected to be another big beneficiary of AI thanks to the growing autonomy in cars. And Cloudflare (NYSE: NET) is already gaining traction in AI because of its ability to secure and improve the performance of the internet.
Let's take a closer look at the reasons these three AI stocks are worth buying this month.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 72 Buy predictions and 29 Sell predictions.
As a result the target price of 240 € shows a slightly positive potential of 18.08% compared to the current price of 203.25 € for Tesla Inc.