3 Artificial Intelligence Stocks (AI) You Can Buy and Hold for the Next Decade
From Nasdaq: 2025-01-17 07:15:00
Artificial intelligence (AI) is reshaping business, with lasting impacts. Invest in AI-focused companies like Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG, GOOGL), and Taiwan Semiconductor (NYSE: TSM) for long-term growth. Cloud computing, dominated by Amazon and Alphabet, is a key beneficiary of the AI trend, with projected massive market growth.
Amazon and Alphabet’s cloud computing divisions, AWS and Google Cloud, are thriving with significant year-over-year sales increases. Investing in these tech giants offers exposure to the expanding cloud computing market. Taiwan Semiconductor, a leader in chip fabrication, is well-positioned for the increasing demand for advanced technology over the next decade.
Consider investing in Taiwan Semiconductor to capitalize on the growing need for AI technology. The Motley Fool’s Stock Advisor team recommends 10 stocks for potential high returns, excluding Amazon. Past picks like Nvidia have shown substantial returns, with Stock Advisor outperforming the S&P 500 since 2002.
Suzanne Frey of Alphabet and John Mackey of Amazon have positions in tech companies. The Motley Fool recommends and holds positions in Alphabet, Amazon, and Taiwan Semiconductor. Stay informed about investment opportunities and disclosures in the evolving tech landscape.
Read more at Nasdaq: 3 Artificial Intelligence Stocks (AI) You Can Buy and Hold for the Next Decade