Meet the New Nasdaq 100 and S&P 500 Artificial Intelligence Stock That Topped Nvidia in the First Half
The stock market soared in the first half, but the movement wasn't exactly broad-based. A certain type of company led the S 500 to its increase of more than 14%.
I'm talking about technology players, especially those with a focus on artificial intelligence (AI). In fact, just four of these stocks -- Nvidia, Microsoft, , and Amazon -- accounted for more than half of the index's first-half gain, according to JP Morgan Wealth Management. Among those four, Nvidia registered the best performance by far, soaring nearly 150%.
But another AI stock actually topped the AI chip giant in the period, advancing 188%. Thanks to this company's rising earnings and excellent performance, it recently was invited to join the S 500 and the Nasdaq 100.
Source Fool.com
Alphabet Inc. C Stock
The stock is an absolute favorite of our community with 28 Buy predictions and no Sell predictions.
With a target price of 167 € there is a slightly positive potential of 7.69% for Alphabet Inc. C compared to the current price of 155.08 €.
