This New S&P 500 Artificial Intelligence (AI) Stock Is Growing 5 Times Faster Than Its Industry
Artificial intelligence (AI) has stirred up a lot of excitement in the investment community -- and for good reason. The technology has what it takes to reshape just about every industry and our daily lives, so there's possibly a real revolution ahead. And giants in the field, from Chief Executive Officer Sundar Pichai to Nvidia CEO Jensen Huang, say that AI may represent a bigger transformation than the Internet.
AI promises new and better medicines more quickly, for example, and more efficiency across businesses and in our daily lives. Conversational assistants that have been released in recent times could be just the beginning. And analysts predict the AI market may surpass $1 trillion by the end of the decade, suggesting we're really in the early days of this growth story right now.
Today is a great time to get in on players that could stand out in this exciting industry. Recently, the S 500 recognized one by including it in the index -- confirmation that it's one of the most valuable publicly traded companies today. AI is driving explosive growth for this particular player, and the company has even grown five times faster than its industry over the past 12 months. Read on to find out more.
Source Fool.com
Alphabet Inc. C Stock
With 27 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
As a result the target price of 170 € shows a slightly positive potential of 7.5% compared to the current price of 158.14 € for Alphabet Inc. C.
