|Bid||24.58 x 1300|
|Ask||24.63 x 1300|
|Day's Range||23.08 - 24.67|
|52 Week Range||10.98 - 25.47|
|Beta (5Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 30, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.24|
Three that fall into this camp are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), UiPath (NYSE: PATH), and ASML (NASDAQ: ASML). Alphabet is likely better known by the companies it owns: Google and YouTube, among many others. Google is deadlocked in an AI race with its peers, including in cloud computing (Google Cloud), generative AI interface (Bard), and the model behind it, Gemini.
At the moment, $50 is more than enough to buy shares of two high-profile growth stocks that have beaten the market by a mile this year. Data analysis specialist, Palantir Technologies (NYSE: PLTR) is up by about 175% this year, and UiPath, (NYSE: PATH) a robotic process automation company has gained about 90%. In a nutshell, Palantir helps organizations analyze data from multiple sources that traditionally don't communicate with each other.
Artificial intelligence (AI) is one of the market's hottest trends right now, and getting your portfolio aligned to take advantage of this trend for 2024 is paramount before 2023 arrives. While the market is full of exciting AI investments, there are three that I think stand out above the rest. Alphabet and Microsoft are the most alike, as their respective cloud computing offerings (Alphabet's Google Cloud and Microsoft's Azure) are vital in AI proliferation.