1 Reason Why Meta Might Be the Best Artificial Intelligence (AI) Stock to Buy and Hold for 5 Years and Beyond
The economic value from this technological revolution may accrue to the businesses that leverage AI to improve their existing operations.
Overview
With a share price that has soared 996% in the past five years (as of Aug. 20) and a market capitalization of more than $5.2 trillion, the consensus view among the investment community may be that Nvidia is the optimal way to bet on the artificial intelligence (AI) boom.
However, investors should take a closer look at Meta Platforms (NASDAQ: META), which is in a very advantageous position. Here's one powerful reason that supports the case for why this business might be the best AI stock to buy and hold for five years and beyond.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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