If AI Becomes a Trillion-Dollar Market, This Stock Could 10X
Investors can't get enough artificial intelligence (AI) these days.
AI has become not just a buzzword in the business world, but a truly transformative technology and the force behind new inventions like self-driving cars, autonomous robots, and chatbots like ChatGPT. According to some estimates, including one from Cathie Wood's ARK Invest, AI software could reach $14 trillion in revenue by 2030. While no one really knows how big the opportunity is here, it's likely to be impactful. Alphabet CEO Sundar Pichai even said that AI could be more profound than fire or electricity.
To capitalize on this opportunity, investors have been driving up AI stocks all year. One company, in particular, looks poised for huge gains if AI is as disruptive as some think it will be.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 96 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 18.16% compared to the current price of 149.8 € for Alphabet Inc. A.
