2024-08-04 09:15:00 ET
Artificial intelligence (AI) is the year's story on Wall Street. Case in point: Five of the six top-performing stocks year to date in the Nasdaq 100 are connected to the AI sector.
Yet investors looking for an outstanding AI stock should consider something other than Nvidia (NASDAQ: NVDA) . Indeed, many billionaires are already buying a different AI stock hand over fist: Oracle (NYSE: ORCL) .
Here's what's happening and why.
For further details see:
Forget Nvidia: Billionaires Are Buying Up This Artificial Intelligence (AI) Stock Instead