ChatGPT Made History This Year: 2 Magnificent Artificial Intelligence (AI) Growth Stocks to Buy Now and Hold Through the Boom
Earlier this year, ChatGPT became the fastest-growing consumer application in history when it amassed 100 million users in just two months. Threads by Meta Platforms broke the record shortly after, but ChatGPT still left its mark. Wall Street strategists and C-Suite executives alike are captivated by generative artificial intelligence (AI) and its productivity-boosting potential, and many see the technology as a booming market in the making.
Indeed, Bloomberg says generative AI revenue could grow at 42% annually to reach $1.3 trillion by 2032, adding $280 billion to global software sales in the process. One prudent way to capitalize on that trend is to build a basket of AI growth stocks within a broader portfolio.
Investors looking for inspiration should strongly consider (NASDAQ: GOOGL) (NASDAQ: GOOG) and Salesforce (NYSE: CRM). Here's why.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 89 Buy predictions and no Sell predictions.
As a result the target price of 183 € shows a slightly positive potential of 7.6% compared to the current price of 170.08 € for Alphabet Inc. A.
