Investing in Artificial Intelligence (AI) Stocks Can Be Risky, but Here's a Magnificent Way to Do It
The sun is setting on 2023, and just about every investor will agree that artificial intelligence (AI) was the theme of the year in the stock market.
It carried tech giants like Nvidia and Microsoft to record-high stock prices. Many smaller AI stocks have also logged huge gains this year, but they remain far below their best-ever levels:
This highlights the difficulty of picking winners in a brand-new industry like AI. Nobody knows how this technological revolution will play out over the long term, and for every success story like Nvidia, there will be several failed companies left behind.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 112 Buy predictions and 3 Sell predictions.
With a target price of 424 € there is a slightly positive potential of 12.41% for Microsoft Corp. compared to the current price of 377.2 €.