MDB - AI Is Set to Generate $90 Trillion By 2030 -- 3 AI Stocks Investors Can Buy Now
2023-06-11 05:15:00 ET
The launch of OpenAI's next-generation chatbot, ChatGPT, in November 2022 has proved to be a golden moment for artificial intelligence (AI) stocks. While the current investor interest in all things AI may seem to be bordering close to frenzy, it is not completely without substance.
According to Ark Investment Management's Big Ideas 2023, AI software could generate up to $90 trillion in enterprise value in 2030. Given that AI is all set to be the next big thing for the coming decade, long-term investors may benefit by picking these three stocks now.
The first AI stock to buy now is cloud-native database specialist MongoDB (NASDAQ: MDB) . The company's document database continues to benefit from the increasing use of non-relational databases in various applications across industries.
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AI Is Set to Generate $90 Trillion By 2030 -- 3 AI Stocks Investors Can Buy Now