RBLX - Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now
2024-04-21 07:15:00 ET
The U.S. Consumer Price Index, or CPI, a metric used to gauge inflation, rose by 3.5% on a year-over-year basis in March. Since that was the third consecutive month when the CPI grew faster than expected, investors and analysts have become cautious about reaccelerating inflation. This trend could prevent the Federal Reserve from cutting interest rates, which could trigger a significant correction in the stock market.
While investors are now becoming wary of the overall economic outlook, there is money to be made in the market in the long run. Certain growth stocks, especially those powered by AI, could prove to be resilient mainly due to their large addressable markets and solid business models.
Here's why Meta Platforms (NASDAQ: META) and Roblox (NYSE: RBLX) fit the criteria.
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Here Are My Top Artificial Intelligence (AI) Stocks to Buy Right Now