Want to Make Money Off of AI With Less Risk? This ETF May Be the Solution.
Artificial intelligence (AI) has captivated investors in 2023, primarily because it's driving substantial gains in several stocks that have become synonymous with the technology:
But it hasn't always been smooth sailing for those names. Last year, for example, Tesla stock plunged 65%, and C3.ai stock is still trading 85% below its all-time high set three years ago. Those downturns would be enough to make even the most seasoned investors wince, so what if there was a way to own a slice of the AI revolution with a fraction of the risk?
An exchange-traded fund (ETF) is an investment vehicle that holds a portfolio of stocks, and it's neatly packaged into one single security. An ETF can give investors exposure to a specific sector of the stock market; instead of buying 20 (or more) individual AI stocks, for example, they can simply buy one fund and theoretically get a similar result.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 75 Buy predictions and 28 Sell predictions.
With a target price of 246 € there is a positive potential of 26.99% for Tesla Inc compared to the current price of 193.72 €.