Artificial Intelligence (AI) Software Sales Could Soar 580%: 2 AI Stocks to Buy Now (Hint: Not Palantir)

Morgan Stanley estimates AI software revenues will increase 580% in the next three years, topping $400 billion in 2028. While Palantir is well positioned to benefit, the stock carries a steep valuation. Investors should consider more reasonably priced stocks such as MongoDB (MDB 1.53%) and Okta (OKTA -0.58%). Artificial intelligence (AI) is quickly weaving its way into daily life. According to Goldman Sachs, 9.2% of U.S. companies now use AI to produce goods and services, which is twice the percentage that ...