Stocks

3 Investment-worthy AI Stocks for the Upcoming Decade

Published December 24, 2023

The landscape of technology investments is perpetually evolving, with Artificial Intelligence (AI) grabbing the spotlight as one of the most intriguing sectors. Amidst the tech buzz, discerning investors are on the lookout for enduring companies that have the potential to harness AI's growth over the next ten years and beyond. In this landscape, there are certain contenders whose robust business models and innovative drives position them as opportune long-term investments. Here, we explore three stocks, distinguished not just for their present AI ventures but for their overall corporate strength: Microsoft Corporation MSFT, Alphabet Inc. GOOG, and Nvidia Corporation NVDA.

Microsoft Corporation MSFT

An undisputed leader in the technology arena, Microsoft has a multifaceted product portfolio encompassing areas such as software, electronics, and digital services. Renowned for its Microsoft Windows operating systems and Microsoft Office suite, the company is also making significant strides in the AI domain. This American multinational is celebrated as the world's predominant software maker by revenue and is one of the esteemed Big Five in the U.S. information technology industry. Their continued innovation and healthy revenue growth make MSFT a solid choice for investors focusing on AI's future impact.

Alphabet Inc. GOOG

GOOG, the parent organization of Google, stands at the forefront of global technology. As the fourth-largest tech company globally by revenue, Alphabet's reach extends through a multitude of Google's AI-powered products and services. The company has consistently demonstrated strong financial performance and maintains a leading role in shaping the future of AI technology. With their extensive resources and commitment to AI research and development, GOOG is well-positioned to benefit from the continued advancement of AI technologies.

Nvidia Corporation NVDA

NVDA has established itself as a powerhouse in the world of graphic processing units (GPUs) and has now expanded its focus to include AI applications. Their GPUs are essential for AI algorithms requiring high-level computations, and the company's pioneering system on chip units (SoCs) are influential in mobile computing and automotive industries. Nvidia's expertise in both graphics and AI propels their potential for sustained growth and signifies a promising avenue for investors looking at AI stocks to hold for the long run.

investment, technology, growth