From Nasdaq:

A group of Motley Fool contributors agree that AI stocks will lead the new bull market, with top picks including Amazon, Meta Platforms, and Nvidia. The commercialization of AI is just beginning, with Microsoft offering AI-powered Copilot features and CrowdStrike utilizing machine learning for security. Amazon is set to benefit from cloud spending, e-commerce spending, and robotics innovations.

Meta Platforms, which saw a significant rebound after addressing iPhone privacy headwinds and leaning into AI, is considered a bargain despite its meteoric rebound. Analysts are optimistic about the company’s future, estimating a 20% long-term average annual earnings growth rate. The company is expected to perform well and help lead the new bull market.

Nvidia is the AI chip leader, controlling over 85% of the generative AI accelerator chip market and expected to continue its dominance in the near term. Allied Market Research estimates a 38% compound annual growth rate in the AI chip market through 2030, making it easier for Nvidia to shrug off potential competition. The company’s rapid revenue growth and falling valuation make it a safer choice for investors.

The Motley Fool Stock Advisor analyst team identified 10 stocks they believe are the best for investors, and Amazon wasn’t one of them. The Stock Advisor service provides guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. Randi Zuckerberg and John Mackey, among others, have positions in various companies mentioned. The Motley Fool has positions in and recommends Adobe, Advanced Micro Devices, Amazon, CrowdStrike, Meta Platforms, Microsoft, and Nvidia. It also recommends Intel and has a disclosure policy.



Read more: Prediction: 3 Artificial Intelligence (AI) Stocks That Will Lead the New Bull Market