This Phenomenal Artificial Intelligence (AI) Growth Stocks Turned $100,000 Into More Than $600,000. Could It Do It Again?
Artificial intelligence (AI) has become a hot investment area, and investors are betting on tomorrow's winners. This has driven shares of technology companies active in this space to double- and triple-digit gains -- and helped the S 500 and Nasdaq-100 recently reach record highs.
Why so much excitement? AI has the potential to save companies time and money -- and lead to major progress in game-changing areas like personalized medicine or autonomous vehicle technology. In fact, some analysts predict the AI market will surpass $1 trillion by the end of this decade. That means investors who bet on tomorrow's AI leaders today could win big.
Some early investors in AI stocks already have benefited, and that brings me to the subject of one of today's most exciting AI players: Nvidia (NASDAQ: NVDA). Investors who put $100,000 into that stock just three years ago have seen the value of that investment soar to more than $600,000. But the question now is whether this exciting AI stock could do this again -- or are Nvidia's biggest gains a thing of the past?
Source Fool.com