Artificial Intelligence (AI) Sales Could Soar 820% by 2030: 2 Amazing AI Stocks to Buy Now and Hold Long-Term
Artificial intelligence (AI) sale across hardware, software, and services totaled about $196 billion last year, according to Grand View Research. But analysts expect that figure to surge 820% by 2030, such that annual AI spending exceeds $1.8 trillion at the end of the decade. Investors hoping to benefit should be positioning their portfolios today, and they should be diversifying beyond Nvidia.
With that in mind, (NASDAQ: GOOGL) (NASDAQ: GOOG) and Datadog (NASDAQ: DDOG) stand out as worthwhile long-term investments. The companies have strong footholds in relevant markets, and the stocks trade reasonable valuations compared to future growth prospects.
Here's what you should know.
Source Fool.com
Alphabet Inc. C Stock
€158.70
0.350%
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 170 € shows a slightly positive potential of 7.12% compared to the current price of 158.7 € for Alphabet Inc. C.
