Forget Just 1 AI Stock: This Trio Could Power Your Portfolio's Future
Putting all of your eggs in one basket is a recipe for disaster, as you could be wrong. This has been true for the artificial intelligence (AI) investment theme as well. While you've done fantastic if your sole pick was Nvidia (NASDAQ: NVDA), it has been the opposite if your pick was C3.ai (NYSE: AI) (and if you use April 2023 as the starting point).
Being diversified is an important part of a well-balanced portfolio today. If you want to devote a section of your portfolio to AI, I urge you to consider a balanced approach, like investing in these three companies.
AI has generated such high stock returns over the past year because of its widespread effects. There are hardware companies, AI tool providers, and companies that provide the software needed to implement AI in a business. I'll choose one from each of those categories, as I think it provides a well-balanced AI investing approach.
Source Fool.com
