2 AI Stocks to Watch for Potential Parabolic Growth

Alphabet and Meta Platforms are two AI stocks that could go parabolic. Alphabet, the owner of Google, is the second-cheapest of the "Magnificent Seven" tech stocks, trading at 27 times forward earnings estimates. Its booming businesses, including a 12% increase in advertising revenue and a 34% jump in Google cloud revenue, make it a solid investment. Meta Platforms is the least expensive of the group, trading at 24 times forward earnings estimates. Its demand for AI infrastructure and solutions should continue to fuel growth in its cloud computing business.