Missed Out on Nvidia? Billionaires Are Buying These 2 Artificial Intelligence (AI) Stocks Hand Over Fist.
Nvidia created a staggering amount of value for investors over the last 18 months. It was a $360 billion company at the beginning of 2023, and today its market capitalization stands at a whopping $3.2 trillion. That's a ninefold increase, and it's only natural to feel disappointed if you missed the run.
But it's important to keep looking forward, and watching what Wall Street's top investors are doing can be one way to find the next big opportunity. In the first quarter of 2024, billionaire fund managers piled into two artificial intelligence (AI) stocks that weren't Nvidia:
Both Amazon and Oracle have inserted themselves into the AI industry with a substantial amount of conviction. I'm not suggesting their respective stocks are about to stage an Nvidia-style rally, but here's why they could deliver strong returns for investors who buy them today.
Source Fool.com
Oracle Corp. Stock
With 41 Buy predictions and 1 Sell predictions Oracle Corp. is one of the favorites of our community.
As a result the target price of 139 € shows a slightly positive potential of 8.87% compared to the current price of 127.68 € for Oracle Corp..
