COHU - 2 Amazing Artificial Intelligence Growth Stocks to Buy Before They Soar
2023-03-16 06:35:00 ET
Artificial intelligence (AI) holds great promise to be a wide-ranging transformative technology for this generation. According to an estimate by McKinsey, 70% of all companies could be using it in some capacity by 2030. A separate prediction by analysts at Ark Investment Management, led by prominent technology investor Cathie Wood, suggests AI will add $200 trillion to the global economy by that time.
How can investors benefit from all of that value being created?
They could start by looking into the many companies already implementing AI to supercharge their businesses. Then they could perhaps venture off the beaten path to find some of the most attractive opportunities in this sector. Cohu (NASDAQ: COHU) and Duolingo (NASDAQ: DUOL) are two examples of less obvious picks that use AI in unique ways.
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2 Amazing Artificial Intelligence Growth Stocks to Buy Before They Soar