If There Were a "Magnificent Seven" Purely for AI Stocks, These Would Be My Top Picks
The "Magnificent Seven" includes some of the largest tech-oriented companies. But not every Magnificent Seven component could be considered a true artificial intelligence (AI) play.
If there were a new Magnificent Seven purely for AI stocks, then I would keep Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META), but swap out Alphabet, Amazon, Apple, and Tesla for Advanced Micro Devices (NASDAQ: AMD), Taiwan Semiconductor Manufacturing (NYSE: TSM), Adobe (NASDAQ: ADBE), and Deere (NYSE: DE).
Here's why these seven companies are all excellent ways to invest in AI from various industries.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 86 Buy predictions and 2 Sell predictions.
With a target price of 180 € there is a positive potential of 20.48% for Advanced Micro Devices Inc. compared to the current price of 149.4 €.