2024-02-20 03:25:54 ET
Summary
- AI-related tech stocks have surged, leading to significant gains in my all-weather portfolio's tech segment.
- The AI market is projected to grow from $538 billion in 2023 to over $1.8T by 2030, creating significant opportunities for AI-centric companies.
- My top five AI picks are Palantir, Super Micro Computer, Nvidia, AMD, and Tesla, with expectations of high growth and profitability in future years.
- SoundHound AI, with its revolutionary voice AI platform and strategic partnership with Nvidia, has the potential for exceptional growth and could be a promising investment opportunity.
2024 is getting off to a hot start. The major averages are up nicely, with the S&P 500 and the Nasdaq composite up by about 5%. Moreover, these advances were over significant gains last year. Thus, it should be a solid year for many high-quality stocks....
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For further details see:
My Top 5 AI Stocks