Wall Street Analysts' Top Picks: 2 Artificial Intelligence (AI) Growth Stocks to Buy in 2024 and Hold Long Term
Wall Street seems excited about cybersecurity and artificial intelligence (AI) in 2024. Wedbush Securities analyst Dan Ives said he believes cybersecurity will be the best-performing sub-category in the technology sector this year. Similarly, Morgan Stanley analysts Hamza Fodderwala and Keith Weiss predict 2024 will be a "banner year for cybersecurity" due to elevated threats, regulatory tailwinds, and AI innovation.
Ives recently ranked (NASDAQ: CRWD) and Palo Alto Networks (NASDAQ: PANW) among his top picks for the year. Similarly, Fodderwala ranked both companies among the software vendors best positioned to benefit from generative AI. Those bullish sentiments warrant a closer look.
Here's what investors should know about these two AI-related growth stocks.
Source Fool.com
CrowdStrike Holdings Inc Stock
With 134 Buy predictions and not a single Sell prediction CrowdStrike Holdings Inc is an absolute favorite of our community.
With a target price of 369 € there is a slightly positive potential of 2.23% for CrowdStrike Holdings Inc compared to the current price of 360.95 €.
