Posted 1/28/2024, 1:00:00 PM
Amazon, Meta, Nvidia Top Picks to Lead AI Stock Growth
- Amazon, Meta Platforms, and Nvidia picked as top AI stocks to lead the new bull market
- Amazon to benefit from AI growth in cloud computing, e-commerce, and robotics
- Meta Platforms stock still undervalued despite 300%+ rally; strong growth expected
- Nvidia dominates AI chip market with 85% share; massive 38% CAGR forecast through 2030
- Meta Platforms forward P/E down to 22 and Nvidia's fell from 240 to 50 as earnings surge