Wall Street analysts have identified Artificial Intelligence (A.I.) as a major growth area, with many beneficiaries having significant upside potential. One such beneficiary is a cancer detection company that has been gaining attention from investors due to its innovative technology and promising results in early trials.
Analysts are also recommending ways for investors to play the AI theme on Wall Street, including investing in companies developing new technologies related to AI, such as machine learning and natural language processing; investing in companies providing services based on AI; or buying stocks of established tech giants who are actively leveraging their existing resources into the development of new products powered by artificial intelligence algorithms and applications.
Investors should also consider taking advantage of ETFs that track specific sectors within the broader AI space, such as robotics or healthcare-related AI initiatives; these funds offer diversification across multiple holdings while still allowing exposure to this rapidly growing industry segment without having to invest heavily into individual stocks directly tied to it. Finally, venture capital investments can be made into start-ups focused on building out an artificial intelligence ecosystem – both hardware and software solutions – which may prove lucrative if they become successful over time.
Read more at CNBC
