A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Now and Hold Forever This April
Excitement surrounding breakthroughs in artificial intelligence (AI) have led to major gains in the stock market over the last year. The tech-heavy Nasdaq Composite surged 43% in 2023, and is up 8% already so far this year.
Much of these gains, however, can be attributed to a small cohort of stocks collectively known as the "Magnificent Seven" -- a catchy moniker that includes Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and (NASDAQ: TSLA).
Interestingly, Tesla is the only member of the Magnificent Seven that has had a negative return over the last year, down nearly 11% as of market close on April 5.
Source Fool.com
Tesla Inc Stock
€171.78
-4.890%
Currently there is a rather positive sentiment for Tesla Inc with 56 Buy predictions and 27 Sell predictions.
As a result the target price of 242 € shows a positive potential of 40.88% compared to the current price of 171.78 € for Tesla Inc.
