3 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in January

From Nasdaq:

The AI market is booming, with projected compound annual growth of 37% through 2030. Now is the time to invest, and three AI stocks worth considering are Advanced Micro Devices (AMD), Intel (INTC), and Alphabet (GOOG).
AMD has plans to challenge Nvidia with its new chip MI300X. Its earnings could hit $5 per share by fiscal 2025, suggesting 87% growth over the next two fiscal years.
Intel has transformed itself with new AI chips and GPUs after a decline in CPU market share. Its earnings are projected to reach nearly $3 per share over the next two fiscal years, with 180% growth by fiscal 2025.
Alphabet’s digital ad business and Gemini AI model are propelling it forward. Its free cash flow increased 29% over the last year to $77 billion, presenting a promising investment in AI.
The Motley Fool Stock Advisor team recommends 10 top stocks, but AMD, Intel, and Alphabet could be strong investments in the rapidly expanding AI market. With promising growth projections and competitive edge, these stocks are ones to watch in January.



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