A Bull Market Is Coming: 1 Magnificent Artificial Intelligence (AI) Growth Stock to Buy Hand Over Fist Before 2024 and Hold Forever
There's a debate raging up on Wall Street these days. One side insists that the S&P 500 is already poised for the next bull market, just 5% from a fresh all-time high, while others insist that the recovery will hit a speed bump and could ultimately be derailed as economic headwinds linger.
Whichever turns out to be true, most agree that the advent of artificial intelligence (AI) has had a profound effect on the technological landscape. Companies large and small are scrambling to profit from recent advances, which have the potential to deliver marked improvements in productivity.
There's rarely consensus on Wall Street about anything, but most market watchers agree that one company is in the best position to reap the rewards of the rapid adoption of AI: Nvidia (NASDAQ: NVDA). Even though the stock has already gained roughly 220% so far in 2023, there's plenty of reason to believe Nvidia has a long and lucrative road ahead.
Source Fool.com
