ADSK - Nobody Is Talking About This AI Stock
2023-06-30 05:17:00 ET
Wall Street has been enamored with one thing this year: artificial intelligence ( AI ). AI-themed stocks like Nvidia and Microsoft have awoken the bull market after a long slumber in 2022, with the Nasdaq 100 index now nearing all-time highs.
Who would have thought that sentence would be typed anytime soon looking at where the market was at the end of 2022. But that just goes to show the folly of predicting short-term stock-price movements.
As someone who has followed the company for years, it is curious that investors haven't bid up software giant Autodesk (NASDAQ: ADSK) as an AI beneficiary.
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Nobody Is Talking About This AI Stock