DCBO - Generative Artificial Intelligence (AI) Revenue Is Soaring Toward $1 Trillion: 2 Top-Pick Growth Stocks to Buy Right Now
2023-11-02 05:10:00 ET
ChatGPT began dazzling the world with its latest generative artificial intelligence (AI) efforts roughly a year ago, laying the foundation for what promises to become a booming sector of the economy. Indeed, projections from Bloomberg Intelligence suggest that just generative AI-related revenue could compound at 42% annually over the next decade, reaching $1.3 trillion by 2032.
That rising tide will likely lift many companies, but certain Wall Street analysts see Datadog (NASDAQ: DDOG) and Docebo (NASDAQ: DCBO) as being especially well-positioned to benefit from the boom.
Here's what investors should know about these top-pick AI growth stocks.
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Generative Artificial Intelligence (AI) Revenue Is Soaring Toward $1 Trillion: 2 Top-Pick Growth Stocks to Buy Right Now