Nvidia, Alphabet, and Microsoft Are Sinking This Month. Here's a Safer Way to Invest in Artificial Intelligence (AI) Stocks.
To get exposure to the fast-growing artificial intelligence (AI) industry, investors bet heavily on stocks like Nvidia, , and Microsoft. All three are trading in the green this year, but they have suffered steep pullbacks from their all-time highs over the past month:
Investors shouldn't panic -- after all, Nvidia is still sitting on a whopping 134% gain in 2024 alone. But past technology booms driven by the internet, cloud computing, and enterprise software have taught us that trends like AI can be a breeding ground for volatility. It's difficult to predict which companies will be the long-term winners and losers, because the full range of use cases for AI is not yet known.
But investors don't need a crystal ball to profit from the AI revolution.
Source Fool.com