Top Stocks to Double Up on Right Now
It's been hard to find a good deal in the stock market lately. Ever since big tech hyperscalers like Microsoft, Meta Platforms, Amazon, , , and Apple announced they would be spending nearly $700 billion on capital expenditures this year, artificial intelligence (AI) stocks have been seeing some epic selling pressure.
Smart investors are looking closely at the macro themes, though. Ongoing sell-offs throughout the technology landscape are primarily hitting software stocks the hardest. With AI infrastructure spend on the rise, growth can be found in the companies positioned to absorb hyperscale budget spend.
Let's dig into two AI chip stocks that look like great long-term buys as the AI infrastructure revolution accelerates.
Source Fool.com
Alphabet Inc. A Stock
€297.05
-0.650%
With 165 Buy predictions and 2 Sell predictions Alphabet Inc. A is one of the favorites of our community.
With a target price of 333 € there is a slightly positive potential of 12.1% for Alphabet Inc. A compared to the current price of 297.05 €.
