Artificial Intelligence Investments Aren't Just a Pipe Dream -- Here's Why
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Technology stocks often get a lot of attention in a bull market because investor sentiment is high and people are searching for the next big idea that will bring huge gains. Some of that enthusiasm can, inevitably, lead to certain companies and tech trends being overhyped.
But while it's good to have a bit of skepticism when evaluating new investing ideas, investors shouldn't rule out one of the biggest technology transformations occurring right now: artificial intelligence (AI).
Sure, AI is a very hot topic in headlines. One of the reasons may be that AI will grow into an estimated $59.8 billion market less than 10 years from now. But aside from the market size, there are a few solid reasons why artificial intelligence stocks are more than smoke and mirrors.
Source: Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 97 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 22.55% compared to the current price of 146.06 € for Alphabet Inc. A.