Wall Street Thinks These 3 Top Artificial Intelligence (AI) Stocks Still Have Plenty of Room to Run — but Nvidia Isn’t One of Them
From Nasdaq:
1. Nvidia (NASDAQ: NVDA) exceeded expectations with its fourth-quarter results, sparking a surge in its stock price. Analysts are divided on its future potential. Meanwhile, three other AI stocks are predicted to have significant room for growth.
2. Adobe (NASDAQ: ADBE) has seen a 50% increase in shares over the past year, with a positive outlook on Wall Street. Colette Kress from Nvidia praised Adobe’s AI integration. Adobe also reported record revenue in its recent quarter.
3. Amazon (NASDAQ: AMZN) has soared 85% in the last 12 months. Analysts predict more growth, with AI playing a significant role in Amazon’s future prospects, especially in its AWS cloud platform. Advertising revenue may also drive the stock towards its price target.
4. Oracle (NYSE: ORCL) has shown a 30% increase in shares over the last year, with potential for further growth. Oracle Cloud utilizes Nvidia’s DGX Cloud and benefits from generative AI customers. It remains attractively valued, appealing to investors interested in AI opportunities.
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