If the S&P 500 keeps rising in this bull market, you may worry if it's too late to join. But I have wonderful news: You can find amazing investing chances in every market if you invest for at least five years. Time allows you to profit as a firm matures and fulfills its product releases and earnings growth promises.
As we prepare for the next technological revolution, artificial intelligence (AI), investing in technology is particularly appealing. AI stocks have skyrocketed and others haven't, but both have long-term potential. If you have $50,000 or less that you don't need for daily needs and want to grow, invest it in a portfolio of tech stocks that may gain from the AI boom.
Let's speak about the finest stocks to buy currently. Four potential AI winners have robust businesses outside of AI. So, when you acquire them, you're not betting the farm on one location, which gives great growth and safety.
1. Super Micro PC Super Micro Computer (NASDAQ: SMCI) stock has risen 2,200% in three years, so you may want to wait. Because AI is still in its infancy, Supermicro can benefit from the rise of all the major AI chipmakers.
The maker of servers, full rack size solutions, and other AI equipment uses chips from these players and closely tracks their product development so it can quickly offer these breakthroughs to its customers.
Supermicro recently reported unprecedented demand for their rack scale AI solutions, including these best-selling chips. The forthcoming debut of Nvidia's Blackwell architecture may boost orders. This should lead to long-term earnings growth and increased shares.
2. Intel Intel (NASDAQ: INTC) is the top CPU manufacturer. Intel hasn't profited from AI hype. The chipmaker's AI lag has hurt its shares.
However, two factors may change things. Intel's new AI products include the Gaudi 3 AI accelerator, which may challenge Nvidia's H100 chip.
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