Nvidia, Alphabet AI Stocks Surge
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best stocksThe Motley Fool
•2 Brilliant Artificial Intelligence (AI) Stocks to Buy Before They Soar 190% and 200%, According to Certain Wall Street Analysts
85% Informative
Wall Street views Nvidia and Alphabet as two of the companies best positioned to benefit from artificial intelligence.
But select analysts have set the stocks will especially optimistic price targets.
Nvidia graphics processing units (GPUs) are the gold standard in accelerated computing.
Alphabet subsidiary Google could be a $ 500 stock by 2030 as its autonomous driving subsidiary Waymo becomes a larger part of the business.
Waymo already provides more than 100,000 fully autonomous rides per week across Phoenix , San Francisco , and Los Angeles .
Wall Street expects Alphabet 's earnings to increase at 16% annually over the next three years .
The current valuation of 23 times earnings look quite reasonable.
I am cautiously optimistic about Alphabet reaching $ 500 per share by 2030 .
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