IBM - 2 Artificial Intelligence (AI) Stocks That Offer Dividends and Long-Term Returns
2024-05-19 07:45:00 ET
Artificial intelligence is a growth topic, so it feels weird to associate AI with dividend stocks. I'm here to tell you that the two can coexist perfectly. Some great dividend stocks are at the center of AI's growth today.
Two wonderful examples immediately come to mind: International Business Machines (NYSE: IBM) and Equinix (NASDAQ: EQIX) . Here is why investors can count on these two AI stocks for solid passive income and total investment returns in the future.
International Business Machines -- or IBM as everyone calls it -- has continued to evolve. From the 1980s to the early 2000s, IBM was a one-stop shop for on-premise IT systems. However, the IT world changed with the emergence of cloud technology. IBM has steadily adapted over the years, spinning off its managed IT business as Kyndryl several years back. IBM stumbled and shrunk for a while but has clawed its way back to growth by focusing on hybrid-cloud solutions, the idea that companies need both cloud and on-premise equipment to meet their needs.
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2 Artificial Intelligence (AI) Stocks That Offer Dividends and Long-Term Returns