2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now

Artificial intelligence (AI) is playing a disruptive role across several industries as the technology allows businesses, governments, and organizations to improve productivity and efficiency with its ability to automate repetitive tasks and take over certain functions.The potential of AI helps explain why its increasing adoption is expected to give global gross domestic product (GDP) a big boost going forward, adding trillions of dollars to the world's economy. Not surprisingly, a lot of money is being spent on AI-related hardware and software to help capture some of this economic potential. Market research firm IDC expects global spending on AI infrastructure to exceed $200 billion by 2028, which would be a nice increase over this year's projected spending of $150 billion.On the other hand, the research firm expects the AI software platforms market to clock an annual growth rate of almost 41% through 2028. That's why now is a good time to take a closer look at the prospects of two companies that are taking advantage of these lucrative end markets and have the potential to deliver healthy long-term gains for their investors.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool