3 Artificial Intelligence Stocks to Buy Like There's No Tomorrow

Artificial Intelligence (AI) is revolutionizing industries and transforming businesses worldwide. As AI continues to evolve and become more integrated into our daily lives, investing in AI stocks has become an attractive proposition for investors seeking growth and innovation. Here are three AI stocks that are well-positioned to capitalize on the growing demand for AI technologies and services.

1. Microsoft Corporation (MSFT)
Microsoft has been at the forefront of AI innovation, investing heavily in the technology and integrating it into its products and services. The company's partnership with OpenAI has led to the development of advanced AI models like ChatGPT, which is integrated into Microsoft's Bing search engine. Microsoft's AI copilots are also integrated into a single AI experience called Microsoft Copilot, which is expected to drive further growth.



Microsoft's AI and cloud investments are expected to help the company maintain long-term growth. Argus has a "buy" rating and a $526 price target for MSFT stock, which closed at $410.92 on Feb. 3.

2. Nvidia Corporation (NVDA)
Nvidia is a key enabler of AI, providing the high-performance chips needed for AI workloads. The company's GPUs are widely used in AI training and inference, making it a crucial player in the AI ecosystem. Nvidia demonstrated new AI technology in November 2023, targeting the music, video game, and movie industries, which can modify voices and produce novel sounds.



Nvidia's remarkable growth opportunities extend beyond AI to end markets such as gaming, professional visualization, and automation. Argus has a "buy" rating and a $175 price target for NVDA stock, which closed at $116.66 on Feb. 3.

3. Alphabet Inc. (GOOGL)
Alphabet, the parent company of Google, is another leader in AI research and development. Google uses AI and automation in virtually every facet of its business, from ad pricing to content promotion to Gmail spam filters. The company launched its Bard AI chatbot in March 2023 and its Gemini general AI model in December 2023. In December 2024, Google reported a major breakthrough in its Google Quantum AI Willow chip, a 105-qubit chip that could have major AI technology applications.



Argus has a "buy" rating and a $200 price target for GOOGL stock, which closed at $201.23 on Feb. 3. Alphabet has done an exceptional job defending its search and advertising businesses from generative AI competition, validating its strategic approach to AI integration.



In conclusion, investing in AI stocks like Microsoft, Nvidia, and Alphabet offers a compelling opportunity to capitalize on the growing demand for AI technologies and services. These companies are well-positioned to benefit from the continued evolution of AI and its increasing integration into various industries. As AI continues to revolutionize the way we live and work, investing in AI stocks is an attractive proposition for investors seeking growth and innovation.