2 No-Brainer Artificial Intelligence (AI) Stocks to Buy and Hold for the Next Decade
Artificial intelligence (AI) emerged as the hottest investment theme in 2023. Considering the pace of adoption of AI by enterprises and customers, it appears this is no passing trend. As AI continues to become an integral part of our daily lives, it makes sense to capitalize on this opportunity.
Here's why investors stand to benefit from buying and holding high-quality AI-powered stocks like Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) for the next decade.
An uncontested leader in the AI space, Nvidia came out with blowout results in the third quarter of fiscal 2024 (ending Oct. 29, 2023), with revenue and earnings handily surpassing consensus estimates. The company's fourth-quarter guidance is also significantly above analysts' consensus estimates.
Source Fool.com
