If I Could Own Only 1 Artificial Intelligence Stock, This Would Be It

Let's be clear. Artificial intelligence, or AI, is a massive opportunity, and there are hundreds of excellent companies that should benefit from this technology revolution. There are chipmakers, software developers, data center operators, and many more that should be big winners from the surge in AI investment.Having said that, if I were to choose just one stock to invest in AI, it would have to be Amazon (NASDAQ: AMZN). It offers an excellent combination of growth potential and safety, and there's a solid case to be made that it is the most attractively valued of the megacap tech stocks right now.Amazon's e-commerce business is so big that it is larger than its next 10 competitors combined. And despite the massive scale, it continues to grow. In the third quarter of 2023, the most recent to be reported, sales in the e-commerce business grew by 9% year over year in North America and 12% year over year internationally. And this was in a year when many were worried about consumers cutting back on spending.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool