2 Artificial Intelligence (AI) Stocks You Can Buy and Hold for the Next Decade
Artificial intelligence (AI) has been a key growth driver for numerous companies over the past year, and investors are buying AI stocks hand over fist to make the most of this technology that's expected to grow rapidly over the next decade.
Allied Market Research estimates that the global AI market could generate annual revenue of $3.6 trillion in 2033, up from $153 billion last year. That would amount to an impressive compound annual growth rate of 37%. That's why now would be a good time for investors to put their money in a couple of top AI stocks that could win big from this market over the next decade.
(NASDAQ: MSFT), for instance, stands to gain from the proliferation of AI on multiple fronts, while Palantir Technologies (NYSE: PLTR) is expected to become another potential beneficiary of the growing investments in AI software.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 102 Buy predictions and 2 Sell predictions.
With a target price of 414 € there is a slightly positive potential of 4.92% for Microsoft Corp. compared to the current price of 394.6 €.
