META - 2 Trillion-Dollar Artificial Intelligence (AI) Stocks to Buy and Hold Forever
2024-06-28 15:37:00 ET
Larger companies are sometimes perceived as having less upside potential than smaller ones. That's one reason some people might hesitate to invest in stocks with market caps above $1 trillion.
But tech giants Microsoft (NASDAQ: MSFT) and Meta Platforms (NASDAQ: META) have a new secret weapon that could allow them to deliver solid returns in the medium term: artificial intelligence (AI). Even beyond that, Microsoft and Meta Platforms have numerous qualities of "forever stocks."
Microsoft was partly responsible for kick-starting Wall Street's recent obsession with AI, which began when ChatGPT burst onto the scene. Microsoft has been an investor in OpenAI, the company behind ChatGPT.
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2 Trillion-Dollar Artificial Intelligence (AI) Stocks to Buy and Hold Forever