Artificial Intelligence (AI) in Healthcare: 2 Top Stock Picks
When you think of artificial intelligence (AI), you probably think of the technology companies creating the nuts and bolts that help AI come to life -- such as Nvidia's chips or Super Micro Computer's servers. We've already seen growth in these companies' earnings thanks to sales of their products to customers developing AI projects. They and some of their peers continue to make great investments because growth in the AI market looks like it's just getting started.
But there's another way to invest in AI, and in many cases, these future AI winners haven't yet taken off -- so you can pick them up for a bargain today and likely benefit down the road. I'm talking about players in the AI-in-healthcare market -- one that, expanding at a 48% compound annual growth rate, is set to reach more than $148 billion by the end of the decade, according to a Markets and Markets report. Nvidia chief executive officer Jensen Huang has even spoken of this market's potential, saying just this week that AI likely will have the most impact in healthcare.
How can you benefit? By buying shares of healthcare companies that are investing in AI to transform their offerings and streamline their processes. Here are two top stock picks to get in on right now.
Source Fool.com
