3 No-Brainer Stocks to Buy in Artificial Intelligence
In fiction, artificial intelligence is often associated with intelligent androids or dystopian futures. But in reality, the AI market mainly revolves around crunching large amounts of data to make quick decisions.
Demand for these services -- which power analytics tools, driverless cars, voice assistants, and more -- is climbing. The global AI market was already worth $39.9 billion in 2019, according to Grand View Research, but could still grow at a compound annual growth rate of 42.2% between 2020 and 2027.
That's why many companies are jumping aboard the AI bandwagon. Some of those companies, such as C3.ai (NYSE: AI), are too hot to handle. But several other tech stocks -- including Baidu (NASDAQ: BIDU), Palantir (NYSE: PLTR), and NVIDIA (NASDAQ: NVDA) -- are still great long-term plays on the growing AI market.
Source Fool.com
