1 Artificial Intelligence (AI) Stock Gen Z Should Buy Today and Hold for Decades
Shares are expensive and the future is fuzzy, but there's little doubt that demand for its service is set to grow for the long haul.
Are you a believer in the game-changing potential of artificial intelligence (AI)? Here's a litmus test: Are you willing to make a long-term commitment to one of the market's most compelling AI stocks, even though the underlying company is still miles away from results that justify the stock's presently frothy price?
If you're a Gen Z investor and your answer to this latter question is "yes," then you might want to de-prioritize its rich valuation and go ahead and dive into Palantir Technologies (NASDAQ: PLTR) with plans to hold it for the long haul. You'll need to hold onto it for decades to extract the stock's full potential value.
You're almost certainly aware that major corporations have been collecting digital consumer data for years now. Using this information effectively, however, hasn't been easy. Companies can access, collate, and parse it, but there's not always a means of turning it into great actionable insights.
