"Stocks haven't been cheap in recent times, so you may not feel as if there are many "I have to buy this right now" opportunities. Especially in the world of artificial intelligence (AI). Investors have rushed to get in on leaders in this high-potential field, as analysts predict the AI market may reach into the trillions of dollars in just a few years. Companies using, developing, or selling AI may generate significant revenue growth as this story unfolds, and early investors might score a victory"
"The stock I'm talking about is one you might know well, but maybe not for its role in AI. Instead, you probably associate this company, Meta Platforms (NASDAQ: META), with social media. After all, it's the owner of some of the world's most popular platforms, from Facebook to Instagram. About 3.5 billion people globally use at least one of Meta's social media apps daily."
Stocks have not been cheap recently, and many investors feel few immediate buying opportunities, particularly in AI. Investors rushed into AI leaders as analysts predict the AI market could reach trillions of dollars within a few years. Companies using, developing, or selling AI may generate significant revenue growth and early investors may benefit. Major investment opportunities still exist despite generally high valuations. Meta Platforms operates some of the world's most popular social apps, with about 3.5 billion daily users. Advertising across those apps has driven enormous revenue growth. Meta is investing heavily in AI, building a large language model and applying it to improve apps and transform advertising to increase user time and advertiser spending.
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