The three US stocks in this analysis all look very strong overall, and it looks like we are going to see the stock markets rally on Monday. This being the case, it looks like Wall Street is going to be relatively happy for the day.
It looks like artificial intelligence (AI) is here to stay. Unlike many catch phrases and buzzwords that have come and gone in the markets over the past few years, AI is driving real-world progress and generating billions of dollars in sales for top companies.
Since OpenAI released ChatGPT to the world on Nov. 30, 2022, shares of semiconductor powerhouse Nvidia (NVDA 1.74%) have risen by 818% (as of June 26). To put that another way, over the last two and a half years, Nvidia's market capitalization went from $345 billion to $3.8 trillion.
Meta's AI strategy looks well-rounded as the company successfully balances between internal R&D, CapEx, talent acquisition, and M&A. Meta's financial strength is evident in its fortress-like balance sheet, prudent capital allocation, and robust free cash flow margins. My valuation analysis suggests the stock is currently undervalued by 15%, presenting a golden opportunity to invest in this AI p...
From the growth of self-driving cars to the explosion in generative artificial intelligence (AI) capabilities, it's clear that AI is going to become increasingly integrated in our lives.
The smaller the circle, the harder it is to get inside it. One of the most exclusive circles of all is what some investment writers (including me) call the "$2 trillion club.
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