This "Magnificent Seven" Stock Could Be the Best Artificial Intelligence (AI) Bet Right Now (and It's Not Nvidia).
If you're looking to invest in a company likely to benefit from artificial intelligence (AI) today and down the road, you may consider buying a "Magnificent Seven" stock. With a moniker inspired by the 1960 Western, these players are technology leaders, and each is investing in the area of AI. The one that has become almost synonymous with this hot technology is Nvidia because this company's chips power AI -- and dominate the industry.
Though Nvidia makes a great buy, another stock could make an even better AI bet right now. That's because this company is likely to benefit from Nvidia's strength as well as its own AI products and services -- and it's involved in two other high-growth businesses. On top of this, this company uses AI to streamline its operations, which should lead to earnings gains in the coming years. So, investing in this player gives you a complete AI package and more. Let's take a close look at this AI powerhouse to buy now.
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Source Fool.com
