Want to Cash In on Artificial Intelligence? These AI Stocks Will Pay Immediate Dividends
The launch of ChatGPT has generated a lot of buzz, making artificial intelligence (AI) one of the hottest topics in the business and investment world. Many companies are seeking to learn how to leverage AI's power to grow their businesses.
Investors are pouring into AI stocks, hoping to cash in on the frenzy. However, many AI stocks will likely never live up to the hype. Because of that, investors should consider companies with AI upside that haven't yet gotten caught up in the hype. (NASDAQ: EQIX) and Intuit (NASDAQ: INTU) are under-the-radar AI stocks. Adding to their appeal is that both pay dividends, enabling investors to immediately generate income from companies starting to capitalize on the AI megatrend.
Equinix is a data center real estate investment trust (REIT). Those facilities will be increasingly crucial to supporting AI because companies will need space to store all the data used to train and run their AI programs.
Source Fool.com
Equinix Inc. Stock
We see a rather positive sentiment for Equinix Inc. with 11 Buy predictions and 1 Sell predictions.
As a result the target price of 830 € shows a slightly positive potential of 17.46% compared to the current price of 706.6 € for Equinix Inc..
