Did You Miss Out on Nvidia and Microsoft? 2 More AI Stocks It's Not Too Late to Buy
Artificial intelligence (AI) captivated investors in 2023, and they rushed to buy shares of companies developing the technology. Nvidia (NASDAQ: NVDA) is one of the most popular because it's the leading producer of advanced chips used to train AI, and its stock has soared a whopping 185% so far this year.
Microsoft (NASDAQ: MSFT) also became synonymous with AI, thanks to its sizable investments in start-ups like ChatGPT developer OpenAI. Microsoft stock has also crushed the broader market this year, and its $2.5 trillion valuation makes it the world's second-largest company.
Investors who don't own shares in Nvidia or Microsoft might feel like they've missed out, but a long list of other companies also operate in the AI space. I'll share two of them below and explain why it's not too late to buy into each of them right now.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 6.29% for Microsoft Corp. compared to the current price of 395.15 €.