2024 Prediction: Why IBM Is the AI Stock to Buy and Hold for Magnificent Growth
IBM(IBM) The Motley Fool·2024-01-20 16:41It's 2024, and the stock market has been fascinated with artificial intelligence (AI) for a full year now. Stocks seen as direct plays on the AI trend have skyrocketed, especially if they have an early lead in some subsector of the AI revolution.For instance, shares of AI-chip pioneer Nvidia (NVDA 4.17%) have more than tripled in 52 weeks. AI-based cybersecurity expert CrowdStrike Holdings (CRWD 2.62%) soared 177% higher over the same period. Data analytics specialist Palantir (PLTR 2.32%) made a 134% jump, ...