Generative Artificial Intelligence (AI) Is Exploding: 2 Stocks to Snag Now
It's been almost a year since ChatGPT was commercially released. And after its meteoric rise, companies of all sizes quickly realized just how crucial artificial intelligence (AI) is going to be for digital transformation.
Perhaps unsurprisingly, big tech has been leading the charge when it comes to showcasing AI applications. Both (NASDAQ: GOOGL) (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) are investing aggressively in AI to bolster business segments, such as cloud computing, advertising, and e-commerce.
Over the last several months, new AI-powered services have helped propel each of these technology behemoths forward. While AI is still in its early innings, both of these companies are already beginning to separate from the pack. Investors may want to take a closer look at Alphabet and Amazon now before the prospects of AI get priced into the respective stocks.
Source Fool.com
Alphabet Inc. A Stock
With 97 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 180 € there is a positive potential of 21.82% for Alphabet Inc. A compared to the current price of 147.76 €.