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Meet the Supercharged AI Stock That Wall Street Says May Rise 30%
Artificial intelligence (AI) stocks have helped indexes soar in recent times as investors bet on this industry's ability to drive earnings growth and spark game-changing innovations. Companies developing tools for the AI infrastructure buildout and companies applying AI to their businesses have already started benefiting from this hot technology -- and investors have noticed.One company, in particular, has emerged as a current and future winner. It saw its stock advance 171% last year, leading gains in the Dow Jones Industrial Average. And over the past five years, it's climbed a mind-boggling 1,800%. This performance has followed double-digit and triple-digit increases in the company's revenue quarter after quarter, thanks to demand for its AI products and services.Moving forward, the good times may be far from over, so it's not too late to get in on this AI leader. Below, I'll look at the supercharged AI stock that Wall Street predicts may advance 30% from today's level.Continue reading
Artificial intelligence (AI) stocks have helped indexes soar in recent times as investors bet on this industry's ability to drive earnings growth and spark game-changing innovations. Companies developing tools for the AI infrastructure buildout and companies applying AI to their businesses have already started benefiting from this hot technology -- and investors have noticed.
One company, in particular, has emerged as a current and future winner. It saw its stock advance 171% last year, leading gains in the Dow Jones Industrial Average. And over the past five years, it's climbed a mind-boggling 1,800%. This performance has followed double-digit and triple-digit increases in the company's revenue quarter after quarter, thanks to demand for its AI products and services.
Moving forward, the good times may be far from over, so it's not too late to get in on this AI leader. Below, I'll look at the supercharged AI stock that Wall Street predicts may advance 30% from today's level.
