Missed Out on Nvidia’s Run-Up? My Best Artificial Intelligence (AI) Stock to Buy and Hold

From Yahoo Finance: 2024-05-18 06:10:00

Nvidia (NVDA) has seen a surge in demand for its GPUs with the rise of AI applications, resulting in strong growth projections for fiscal year 2025. Microsoft (MSFT) offers a more reasonably priced entry into the AI market, boasting solid earnings growth and potential upside. Microsoft’s focus on cloud AI services positions it well for future growth as the market expands rapidly. Analysts predict Microsoft’s earnings could see significant growth, potentially leading to a 110% stock price increase over the next five years. Savvy investors may want to consider investing in Microsoft now for long-term gains in the AI sector.



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