These 3 AI Stocks Have Massive Growth Potential with Just a $500 Investment
Artificial intelligence has the potential to become a multitrillion-dollar market. While top AI stocks such as Nvidia and Microsoft may be pricey, there are more affordable stocks with significant long-term growth potential that can be purchased for just $500 and held indefinitely. Palantir Technologies provides AI platforms used by both government and private sector customers and is expected to grow earnings by 47% annually. Advanced Micro Devices provides AI chips and processors, and analysts believe AMD could capture 10% of the growing $400B AI chip market.
Transcript
00:00 It's Benzinga and here's what's on the block. Artificial intelligence has the potential to
00:04 become a multi-trillion dollar market. While top AI stocks such as NVIDIA and Microsoft may be pricey,
00:09 there are more affordable stocks for significant long-term growth potential that can be purchased
00:13 for just $500 and held indefinitely. Palantir Technologies provides AI platforms used by both
00:19 government and private sector customers and is expected to grow earnings by 47% annually.
00:24 Advanced Micro Devices provides AI chips and processors, and analysts believe AMD could
00:28 capture 10% of the growing $400 billion AI chip market. UiPath provides robotic process automation
00:34 software that observes and performs repetitive computer tests and is expected to grow earnings
00:38 by 42% annually. For all things money visit Benzinga.com