GOOGL - My 5 Favorite Artificial Intelligence (AI) Stocks to Buy in May
2024-05-01 04:11:00 ET
It's easy to get swept up in the hype surrounding artificial intelligence (AI). Some of the predictions experts are making won't come true. On the other hand, they could be underestimating the changes AI could bring in some ways. That's how it's always been in the early days of a game-changing technology.
Make no mistake, though: AI is a game-changing technology. And it presents what almost certainly is a once-in-a-generation investing opportunity. There are many good choices for investors, but a few especially stand out. Here are my five favorite AI stocks to buy in May, listed alphabetically.
Underestimate Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) at your peril. Sure, the company has had a few missteps with its launches of generative AI models. However, Alphabet remains one of the leading innovators in AI with a boatload of cash to invest in research and development.
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My 5 Favorite Artificial Intelligence (AI) Stocks to Buy in May