AI Stocks Dominate 2024
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AI growthThe Motley Fool
•The Best Stocks to Invest $50,000 in Right Now
79% Informative
Investors are excited about the technology's potential to make companies more efficient and even produce game-changing products.
Today 's $200 billion market may reach $1 trillion by the end of the decade , according to analysts' forecasts.
AI stocks should continue to deliver growth down the road, making now a great time to buy.
If you have $ 50,000 to spread across several stocks, the four stocks I talk about below look like fantastic buys now.
Nvidia is ramping up production of its new Blackwell architecture, a platform in high demand.
Data center revenue of $30 billion in the quarter shows that today , the AI customer is driving revenue at Nvidia .
Nvidia is highly profitable in sales, with gross margin surpassing 70% .
Even trading for 46 times forward earnings estimates, Nvidia looks like a top AI stock to buy now.
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