2 AI Stocks Poised for Outperformance Over the Next 5 Years
Megatrends in AI favor long-term upside for these tech stocks.
Overview
The tech-centric Nasdaq-100 has outperformed the S&P 500 (SNPINDEX: ^GSPC) over the last one-, five-, and 10-year periods. The growing adoption of artificial intelligence (AI) is a long-term tailwind for this streak to continue. Morgan Stanley sees data center construction becoming a global force in economic expansion, with spending expected to reach nearly $3 trillion by 2028.
Two stocks that will benefit from this growth are Microsoft (NASDAQ: MSFT) and Advanced Micro Devices (NASDAQ: AMD). Here's why these stocks can outperform over the next five years.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.