PLTR - 3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
2024-06-29 08:15:00 ET
Investing in artificial intelligence (AI) seems to have become more challenging over the last few months. More than one year after generative AI stoked excitement for tech investors, specific stocks such as Nvidia , Super Micro , and CrowdStrike seem to have drawn most of the interest and have risen to nosebleed valuations.
Fortunately for investors who feel they missed out on these stocks, AI will likely be more than a flash in the pan. Thus, one can buy and hold specific AI stocks for the next decade with a reasonable expectation of earning significant returns. These three stocks should deliver for investors.
At first glance, investors might assume they've missed out on Palantir Technologies (NYSE: PLTR) . The stock is up fourfold since its low in late 2022. Also, the recent revenue growth is unlikely to impress growth investors.
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3 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade