Prediction: This Artificial Intelligence (AI) Stock Will Outperform the Market for the Next Decade
This stock is up 900% since 2023, and there is still more upside ahead.
The start of the artificial intelligence (AI) boom lifted the broader stock market out of a slump in late 2022. It's been a mostly fun ride since then, and the reality is that AI is only getting started. Experts widely believe that AI technology will create trillions of dollars in economic value over the coming decades and make new industries possible, and that likely means wealth for those who own the right stocks.
Thus far, Nvidia (NASDAQ: NVDA) has been a humongous AI winner. The stock has returned an eye-popping 956% since the start of 2023. But why stop there?
I predict that Nvidia will continue to outperform the broader market (S&P 500 index) over the next decade, and it's for some straightforward reasons why.
