The Motley Fool, a financial services company, was established in 1993 with the aim of making the world more intelligent, joyful, and prosperous. The company reaches a large audience each month through its premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
Many investors in artificial intelligence (AI) are regretting not investing in Nvidia due to its significant gains. With a 280% increase in the last year and over 1,800% in five years, Nvidia is a major player in the AI space. However, there are other AI stocks in the chip industry, and AI encompasses more than just semiconductors. The industry offers a wide range of investment opportunities. Three contributors from Fool.com have identified potential options for AI investors: Amazon, The Trade Desk, and Tesla.
Jake Lerch believes that Amazon, despite not being the hottest AI stock, is still worth considering as an investment. Amazon’s cloud services division, Amazon Web Services (AWS), has a dominant share of the worldwide cloud services market, making it a significant player in the AI revolution. Additionally, Amazon’s e-commerce business is well-suited for various AI applications, and the company has already introduced AI-powered tools such as Rufus, a shopping assistant.
Justin Pope sees The Trade Desk as a compelling AI investment due to its position in the advertising industry. The Trade Desk’s platform utilizes AI and user data to match ads with potential customers, making it more effective than traditional advertising methods. With the shift of advertising dollars to digital mediums, The Trade Desk is well-positioned for growth and offers more transparency to its clients compared to its competitors.
Will Healy points out that Tesla, often viewed as an automaker, is involved in diverse businesses including battery technology, solar energy solutions, and AI. The company has developed its own semiconductor and robotics solutions and is working on launching a robotaxi business based on Tesla technology. Tesla’s stock price has pulled back, presenting an opportunity for investors to jump in as the company improves its AI and self-driving capabilities.
In conclusion, The Motley Fool, a financial services company founded in 1993, is dedicated to making the world smarter, happier, and richer. The company reaches millions of people each month through its premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The Motley Fool offers a wide range of investment opportunities in the AI space, including Amazon, The Trade Desk, and Tesla.
