Got $500? 2 Monster Artificial Intelligence (AI) Stocks to Buy Right Now

Buying and holding top stocks for a long, long time is one of the best ways to make money in the stock market, because this strategy allows investors to capitalize on secular growth trends and also helps them benefit from the power of compounding.For instance, a $500 investment made in the Nasdaq-100 Technology Sector index a decade ago is now worth $2,300, translating into annual growth of 16% during this period. So, if you have $500 to spare right now after paying off your bills, clearing expensive loans, and saving enough for rough times, it would be a good idea to put that money into shares of companies that are benefiting big-time from the growing adoption of artificial intelligence (AI).That's because the global AI market is forecast to grow at an annual rate of 28% through 2030, generating almost $827 billion in annual revenue at the end of the decade. The adoption of this technology is set to impact multiple industries, ranging from cloud computing to digital advertising.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool