This lesser known AI champion could be the stock to buy before 2025; here's why
top AI stocks at Wall Street, including the likes of Nvidia, Google, Meta and others. Even though the overall stock market is not doing so great in the recent weeks, as per reports, the AI-backed stocks are helping the market stay at an upward trend, and keeping the S&P 500 at a neutral level.
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However, there is one X-factor in the stock market backed by Ai, that many are noticing, but the company is slowly rising through the ranks, and could become the AI leader in stocks in the coming months.
Is IBM becoming an AI leader at Wall Street?
It is none other than IBM, the top-tier Silicon Valley company, that is currently heavily invested into AI research and development, and its stock has gained a market-beating 37% in 2024, according to a Motley Fool report. If reinvested dividends. and total returns are considered, the gain points are rising by another 7 per cent.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-116610329»>Should you buy IBM stocks before 2025 arrives?
This clearly depicts that IBM is another major contributor to the massive bull run at the US stock market, and amid the hype of AI, its gains could increase by a significant sum in the coming year. Since the demand for IBM stocks are relatively lower than other fast-growers, it could be top AI stock to buy before 2024 ends.
FAQs:
Has the US stock market crashed?
No, the US stock market has not crashed
