Long-term competitive advantages ensure these companies aren't some flash-in-the-pan AI stocks.
Excitement around artificial intelligence (AI) and its potential impact on businesses has led to soaring stock prices for many of the biggest tech companies. Nvidia , for example, has seen its stock price grow more than tenfold since the release of ChatGPT in late 2022, now topping $4 trillion in market cap.
Some investors may feel like they've missed the boat and they're too late to buy AI stocks at a good price. It's important to consider that today's AI winners might not be the biggest companies to benefit from advancements in artificial intelligence over the long run. Finding a company that's making excellent progress right now with sustainable long-term competitive advantages could