According to Goldman Sachs, the growth of artificial intelligence (AI) stocks is expected to slow down, but there are still opportunities for investors. The firm has identified seven AI stocks that are poised for growth: Nvidia, Microsoft, Alphabet, Amazon, Salesforce, Snowflake, and Palantir. Nvidia is a leader in AI chips and is well-positioned for the AI boom. Microsoft’s Azure cloud platform and AI capabilities make it a strong contender. Alphabet’s Google Cloud and AI research give it an edge. Amazon’s AWS cloud and AI services are widely used. Salesforce’s AI-powered CRM solutions are in high demand. Snowflake’s data cloud platform enables AI and machine learning. Palantir’s AI-powered data analytics solutions are used by government and commercial clients.
Source: https://www.businessinsider.com/next-ai-stocks-to-buy-magnificent-7-growth-slows-goldman-2024-11