1 Market-Crushing AI Stock Is Closing in on a $4 Trillion Market Cap, and 1 Wall Street Analyst Thinks There Is Another 57% Upside
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Artificial intelligence has taken the market by storm. There likely hasn't been a sector with this much interest since the internet boom, and it still looks like the AI sector is in the early innings. That doesn't mean it won't stumble along the way, and progress may not be linear, either. But it also means that market leaders today could be even bigger in five, 10, or 20 years.In fact, investors are so bullish on the sector that some AI names have already been run up to multitrillion-dollar market caps, which once might have been unimaginable. One company in particular is nearing a $4 trillion market cap, and one Wall Street analyst thinks the party has only just begun, with significant gains to be made over the next 12 months.The AI chip king, Nvidia (NASDAQ: NVDA), is seemingly invincible and is viewed as the ultimate pick-and-shovel play for AI. Even when challenges present themselves and the stock stumbles, it doesn't last very long.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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