3 No-Brainer AI Stocks to Buy Right Now
Artificial intelligence (AI) stocks have been some of the strongest drivers of the market this year. Given that the AI trend still appears to be in its early innings, though, it looks like a number of them could help drive the market higher next year as well.
These three AI stocks, in particular, are all trading at reasonable valuations and look look smart buys right now.
Nvidia (NASDAQ: NVDA) has been the biggest winner of the AI infrastructure build-out, as its graphic processing units (GPUs) are the go-to chips for data centers to use for their computing processing needs to train large language models (LLMs) and run AI inference. As AI models advance, they need more and more computing power. For example, xAI and Meta Platforms both used 10 times as many GPUs to train their latest LLMs than they used for their prior versions.
Source Fool.com
Meta Platforms Inc. Stock
We see a rather positive sentiment for Meta Platforms Inc. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 645 € shows a positive potential of 36.99% compared to the current price of 470.85 € for Meta Platforms Inc..
