AI stocks like Amazon and Docebo present a once-in-a-decade investment opportunity, with strong growth potential.

From Nasdaq.: 2024-08-25 05:12:00

During a CNBC interview, analyst Dan Ives labeled AI the fourth industrial revolution, predicting significant growth in the technology sector. Similarly, fund manager Dan Loeb highlighted AI as a once-in-a-decade investment opportunity, though acknowledging the potential for the AI bubble to burst. Amazon and Docebo are positioned to help investors capitalize on this trend.

Amazon reported mixed Q2 results with revenue growing to $148 billion and net income surging to $1.26 per share, exceeding estimates. The company aims to invest in AI infrastructure and fulfillment capacity for the holidays. AWS, Amazon’s cloud service, is gaining market share through AI products like Amazon Bedrock and Amazon Q, driving future growth prospects.

Docebo, a corporate learning software company, reported better-than-expected Q2 results with revenue increasing to $53 million and net income reaching $0.26 per diluted share. Its generative AI application sets it apart, and Wall Street anticipates significant growth opportunities through 2025. Patient investors should consider buying a small position in Docebo today for long-term gains.



Read more at Nasdaq.: A Once-in-a-Decade Investment Opportunity: 2 Artificial Intelligence (AI) Stocks to Buy Now