Prediction: This AI Stock Could Outperform the "Magnificent Seven" by 2030
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The "Magnificent Seven" stocks are the most recognized tech giants, and they are all worth more than $1 trillion. These companies have been some of the best investments during the past decade, but they have now become easier to beat.AI stocks with smaller market caps and higher revenue growth have a shot to outperform the Magnificent Seven by 2030. It doesn't take as much profit growth to move stocks with low market caps.Nvidia's year-to-date performance won't change much if it gains an extra $10 billion in market cap. However, that same return would be a game changer for investors in IREN (NASDAQ: IREN), with a market value of $17 billion. The AI infrastructure play is gaining momentum but remains relatively unknown, and it's poised to outperform the Magnificent Seven.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool