A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Now and Hold Long-Term

A recent survey from Morgan Stanley identified artificial intelligence (AI) as the IT product category likely to see the largest spending increase in 2024. Despite that enthusiasm, businesses have only started to reap the benefits of what could be the most transformative technology in years.Indeed, billionaire hedge fund manager Dan Loeb recently compared AI to the Industrial Revolution, and he wrote the following in a note to clients:We have watched AI evolve and believe the technology has matured to the p ...