This Artificial Intelligence (AI) Stock Has Risen Nearly as Much as Nvidia in 2023 -- and Wall Street Thinks It Can Soar Nearly 70% Higher
Nvidia stock remains sizzling hot despite a small pullback in recent days. Shares of the graphics processing unit (GPU) maker have skyrocketed more than 200% so far in 2023 and many analysts believe that the high-flying stock still has room to run, with the consensus one-year price target reflecting an upside potential of around 27%.
However, investors can definitely find other intriguing artificial intelligence (AI) opportunities. One AI stock, in particular, has risen nearly as much as Nvidia this year and Wall Street thinks it can soar nearly 70% higher over the next 12 months. That's based on an average estimate from 12 analysts tracked on Yahoo! Finance.
What is this promising stock? Symbotic (NASDAQ: SYM). Its shares have jumped more than 175% year to date as of this writing and were up more than 430% at one point.
Source Fool.com
