2 Artificial Intelligence (AI) Stocks That Could Go Parabolic
Whether you're a casual investor or trade professionally, chances are you're aware of the boom in artificial intelligence (AI) that kicked off last year. The launch of OpenAI's ChatGPT reignited interest in the technology, and prompted dozens of tech companies to pivot to the budding market.
According to data from Grand View Research, the AI market hit close to $200 billion in 2023 and is projected to keep expanding at a compound annual growth rate of 37% until at least 2030. That trajectory would see the industry hit nearly $2 trillion by the end of the decade.
As a result, one of the smartest investing moves could be to dedicate a portion of your portfolio to AI in 2024, when the market is only just getting started. So here are two AI stocks that could go parabolic and offer consistent gains for years.
Source Fool.com
