From NASDAQ OMX Group:



AI technology, including consumer-facing products like ChatGPT and Bard, has captured the attention of investors in 2023. However, many established companies have been focusing on AI for years, making their use cases less unknown than newer AI-focused start-ups. Three promising stocks to consider for long-term AI investment are Nvidia, Microsoft, and Alphabet. Nvidia has seen significant growth driven by its data center revenue and is poised for future success, although its stock currently trades for a high multiple. Microsoft, a significant investor in OpenAI, is integrating generative AI into its products and is seeing increased demand for AI services in its Azure Cloud business. Alphabet has developed its own generative AI product, Bard, and is integrating it into several of its products. Its stock has seen significant growth and still trades at a reasonable valuation. The article concludes by mentioning that while the potential to invest in Nvidia may work out, it may be prudent to wait until the stock cools off a bit more. Additionally, it suggests that Microsoft currently trades at a premium valuation, and Alphabet still trades for a reasonable valuation. The article also provides information about the Motley Fool Stock Advisor service and provides an opinion from Jeff Santoro, a member of The Motley Fool, about positions in Microsoft and Nvidia.



Original: 3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade