3 Best Artificial Intelligence Stocks to Buy in January
Artificial intelligence (AI) stocks are plentiful in the market. While there may not be many "pure plays" available, several companies have AI solutions that are deeply integrated, making them great AI investments. These are the companies I like to focus my AI investments on because they aren't an all-or-nothing pick on AI proliferation.
Among the stocks I think are solid picks are Super Micro Computer (NASDAQ: SMCI), Taiwan Semiconductor (NYSE: TSM), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). This trio has a strong chance to outperform the broader market through 2024 and beyond, making them great buys today.
While Nvidia has gotten a lot of attention for its "picks and shovels" AI investment (when a company sells the tools needed to operate), Super Micro Computer (often referred to as Supermicro) is also a solid choice in this space. Supermicro sells highly configurable servers needed to run heavy workloads like AI applications.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 3.62% compared to the current price of 161.16 € for Alphabet Inc. A.
