This Monster Stock Gained 2,390% Over the Last 5 Years, Crushing Each of the "Magnificent Seven" and Palantir. It Has Nothing to Do With Artificial Intelligence (AI), and It's Still Dirt Cheap!
Over the last few years, no theme has captured Wall Street's imagination quite like artificial intelligence (AI). Since AI burst into the mainstream in late 2022, investors have watched several companies climb into the trillion-dollar club. Chief among them is semiconductor giant Nvidia -- whose market value has surged more than twelvefold, making it the most valuable company in the world.Beyond Nvidia, the so-called "Magnificent Seven" megacap tech titans have also thrived amid the AI revolution. And let's not forget about Palantir Technologies -- the data mining specialist that has quickly evolved from an elusive government contractor into a core operating system for Fortune 500 companies and military agencies alike.AI has served as a once-in-a-generation catalyst for the tech sector. But not too long ago, many of these companies were dismissed as either speculative bets with limited use cases or mundane blue chips unlikely to deliver outsized gains.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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