Move Over FAANG: These Brilliant Artificial Intelligence (AI) Stocks Are Laying the Groundwork of the Future, And Could Soon Skyrocket as a Result
Over the past few years, many growth-oriented investors stuck with the FAANG stocks -- Facebook's parent Meta Platforms, Amazon, Apple, Netflix, and Google's parent -- as their core tech investments. After all, those five tech titans dominated the social networking, e-commerce, cloud, streaming video, advertising, and premium mobile device markets.
But over the past year, the booming market for artificial intelligence (AI) services -- driven by generative AI platforms like OpenAI's ChatGPT -- propelled many AI-related tech stocks past their FAANG counterparts. Let's examine three of the top plays in that nascent market, and why they're poised to skyrocket over the next few years.
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Source Fool.com
Alphabet Inc. A Stock
€155.44
1.050%
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 13.87% for Alphabet Inc. A compared to the current price of 155.44 €.
