Got $1,000? 2 Artificial Intelligence (AI) Stocks to Buy Right Now and Hold for the Next Decade.
Cloud computing will be a huge long-term beneficiary of the AI buildout.
Got $1,000? 2 Artificial Intelligence (AI) Stocks to Buy Right Now and Hold for the Next Decade.
Overview
Finding stocks to buy and hold over the next decade is no easy task. If you rewind to mid-2016, could you have predicted all of the various notable events that occurred over the next few years: COVID-19, the rise of generative AI, presidential election results, or wars? I doubt it.
However, a few somewhat predictable items have panned out. One of those is cloud computing, which was just starting to pick up momentum in 2016 and turned out to be a great business over the next decade. I think there are a ton of signs that cloud computing will remain a strong business over the next decade-plus, driven by AI workloads that come online.
Details
Two of my favorite stocks in this industry are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT). Both of these are major cloud computing providers, and I think that each makes for a solid investment right now.
Source
Originally published at www.fool.com.
