Better Artificial Intelligence Stock: Verizon vs. BigBear.ai
The artificial intelligence market had a banner year in 2024, growing to $184 billion from $136 billion in 2023. The industry is forecast to continue expanding, reaching $827 billion by 2030.
Two businesses positioned to capitalize on the growth of artificial intelligence (AI) are the telecom Verizon Communications (NYSE: VZ) and newcomer BigBear.ai (NYSE: BBAI). The former's potent 5G network can bring AI to your mobile devices. The latter uses the technology to analyze an organization's data and help it make data-driven decisions.
In some respects, the two businesses are opposites of each other. Verizon is a mature company with reliable but slow-growing sales. BigBear.ai is a young company, having gone public in December of 2021.
Source Fool.com
Verizon Communications Inc. Stock
Verizon Communications Inc. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
With a target price of 43 € there is a positive potential of 23.46% for Verizon Communications Inc. compared to the current price of 34.83 €.
