Today's top AI firms may not be the best long-term investments, advisor says
Publishing timestamp: 2023-08-26 09:00:01
Summary
The article discusses the potential long-term investment prospects of artificial intelligence (AI) companies. It suggests that while niche AI companies and leaders in the field may not be the best long-term investments, companies that use and benefit from AI products and services could be the biggest winners. The article also mentions the transformative and disruptive potential of AI, comparing it to the internet. It suggests that investors looking to participate in the AI theme may consider investing in established companies like Alphabet, Amazon, Microsoft, or Nvidia, which have AI as one of their business lines. Additionally, it highlights the potential for non-technology companies in sectors like biotech, pharmaceuticals, and logistics-management to benefit from AI innovation.
Sentiment: NEUTRAL
Tickers: NVDA?QSEARCHTERM=NVIDIA, ZM, DOCU, NVDA, .SPX,
Keywords: financial consulting, business news, stock markets, barry glassman, zoom video communications inc, nvidia corp, technology, investment strategy, artificial intelligence, cfp, docusign inc, generative ai, s&p 500 index,