Top tech stocks poised to ride the AI boom

• Microsoft is deeply involved with AI through its partnership with OpenAI and investments in generative chatbot technology. It is integrating Copilot and other AI tools into Windows, Office, Azure cloud platform, etc.

• Alphabet subsidiaries like Waymo and Google Cloud are using AI, and it is integrating generative AI into Google Search, ads, and translation services. Though its Bard chatbot stumbled, its revenue drivers remain strong.

• Meta's platforms like Facebook and WhatsApp reach nearly half the global population. It is leveraging AI for marketing, communications, and through open-source Llama models. Its user engagement and ad ROI are already seeing AI boosts.

• Analyst Brent Thill selected Microsoft, Alphabet, and Meta as top stocks to benefit from the AI trend. He sees AI driving revenue growth and higher margins over the next couple of years.

• Thill's price targets suggest sizable one-year upside potential for Microsoft (30%), Alphabet (13%), and Meta (11%). The analyst consensus is bullish on all three stocks.