The Top 3 AI Stocks to Buy Now: Summer 2024
Broadcom(AVGO) Investor Place·2024-07-31 20:30
In July, most AI stocks entered a correction as the rotation into sectors such as homebuilders and banks gained momentum. Still, any pullbacks in these stocks present a buying opportunity. We are in the early innings of a new technological era that could continue for decades.Nvidia’s (NASDAQ:NVDA) CEO Jensen Huang calls this ongoing shift to accelerating computing the next industrial revolution. Bloomberg Intelligence research shows that generative AI will grow at a 42% compounded annual growth rate over th ...