Missed Out on Nvidia? 2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Now.
With its shares up by 234% year to date, Nvidia highlights the potential of investing in artificial intelligence (AI). But after such a big bull run, investors might be looking for more under-the-radar ways to bet on this transformative opportunity.
Advanced Micro Devices (NASDAQ: AMD) and Adobe (NASDAQ: ADBE) are in comparatively early stages of monetizing their AI potential. Let's discuss why they could make great alternatives to the industry leader.
While chipmaker AMD hasn't received as much AI-related hype as its rival Nvidia, a 91% year-to-date rally in its stock suggests the market is beginning to take notice. AMD aims to bring much-needed competition to AI chips, and management expects this vertical to be key to its long-term growth strategy.
Source Fool.com
Advanced Micro Devices Inc. Stock
The stock is one of the favorites of our community with 81 Buy predictions and 1 Sell predictions.
With a target price of 178 € there is a slightly positive potential of 16.07% for Advanced Micro Devices Inc. compared to the current price of 153.36 €.
