The Best AI Stock to Buy Right Now, According to a Wall Street Analyst (Hint: Not Nvidia or Palantir)

For the past few years, Wall Street has been fixated on Nvidia and Palantir Technologies as the defining artificial intelligence (AI) stocks. Nvidia designs the powerful graphics processing units (GPUs) that fuel generative AI, while Palantir delivers industry-leading data analytics software for enterprises and government agencies.Yet, one veteran analyst believes investors are overlooking a much larger opportunity hiding in plain sight. Dan Ives of Wedbush Securities argues that Tesla (NASDAQ: TSLA) is potentially the most misunderstood and underappreciated large cap AI stock in the market today.According to Ives, most investors continue to see Tesla as no more than an electric vehicle (EV) and energy storage business. In reality, Tesla is rapidly transforming into an AI powerhouse, building proprietary hardware, neural networks, and autonomous systems that could redefine its future.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool