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Undervalued and Profitable: 2 Artificial Intelligence (AI) Stocks for Long-Term Portfolios
A tried and tested way of making money in the stock market is by buying great companies that are tapping into a growing trend that also trade at attractive valuations and holding them for the long run. This strategy allows investors to benefit from secular growth opportunities and disruptive trends, as well as take advantage of the power of compounding.Artificial intelligence (AI) is turning out to be one such secular and disruptive trend that has the ability to supercharge the growth of many companies in the long run because of its ability to contribute trillions of dollars to the global economy. There are two companies benefiting big-time from the proliferation of AI. They also happen to be profitable and undervalued when we consider their impressive growth rates. They are Marvell Technology (NASDAQ: MRVL) and Micron Technology (NASDAQ: MU).Let's see why buying and holding these two names for the long run could turn out to be a smart move.Continue reading
A tried and tested way of making money in the stock market is by buying great companies that are tapping into a growing trend that also trade at attractive valuations and holding them for the long run. This strategy allows investors to benefit from secular growth opportunities and disruptive trends, as well as take advantage of the power of compounding.
Artificial intelligence (AI) is turning out to be one such secular and disruptive trend that has the ability to supercharge the growth of many companies in the long run because of its ability to contribute trillions of dollars to the global economy. There are two companies benefiting big-time from the proliferation of AI. They also happen to be profitable and undervalued when we consider their impressive growth rates. They are Marvell Technology (NASDAQ: MRVL) and Micron Technology (NASDAQ: MU).
Let's see why buying and holding these two names for the long run could turn out to be a smart move.
