5 Super Stocks Using Generative AI, and Why They're Screaming Buys
Artificial intelligence (AI) comes in many forms. Generative AI, specifically, is capable of creating content whether it be text, images, videos, or even computer code, and it's capturing the most attention this year thanks to chatbots like OpenAI's ChatGPT and Alphabet's Google Bard.
It's already having a positive impact on the productivity of many businesses, but the estimated value of its long-term benefits is staggering even at the low end. Consulting firm McKinsey Co. thinks generative AI will add $13 trillion to global economic output by 2030, whereas Cathie Wood's Ark Investment Management places that number at a whopping $200 trillion.
Investors are already capturing some of that value with shares in companies like Nvidia, C3.ai, and surging this year. But I'll reveal five other companies using generative AI to supercharge their growth potential -- and you can buy into them right now.
Source Fool.com
Microsoft Corp. Stock
With 106 Buy predictions and 1 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 420 € shows a slightly positive potential of 6.52% compared to the current price of 394.3 € for Microsoft Corp..
