Artificial intelligence (AI) has turned out to be an incredible catalyst for many companies over the past year or so, and many names that are capitalizing on the growing adoption of this technology have witnessed a rapid rise in their share prices. For instance, an investment of $10,000 in Nvidia at the beginning of 2023 […]
There’s been a surge in tech stocks over the last year, which has seen the Nasdaq-100 Technology Sector index rise 47% in the last 12 months. Increased interest in budding industries like artificial intelligence (AI) has rallied investors, sending countless stocks skyrocketing. Suffice it to say that AI has created a lot of millionaires over […]
Audio and artificial intelligence (AI) company SoundHound AI (NASDAQ: SOUN) is an intriguing company for investors who are hunting multibagger stocks that can deliver life-changing returns. It’s only worth $1.8 billion, which leaves plenty of room for growth over time. The company specializes in a niche category, audio AI applications. AI giant Nvidia even invested […]
Artificial intelligence stocks have already made plenty of millionaires. After all, Nvidia alone added nearly $2 trillion in market cap since the start of 2023, and there have been trillions of dollars in market value created among the “Magnificent Seven” and beyond. However, according to industry insiders, artificial intelligence is still in its infancy, and […]
Want to find stocks capable of life-changing investment returns? Start by looking at those that have already done it. Past success doesn’t guarantee future results, but winners often keep winning. Millionaire-making tech stocks like Advanced Micro Devices (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), and The Trade Desk (NASDAQ: TTD) have turned modest investments into tremendous wealth […]
There have never been more millionaires than today. In fact, according to Statista, there are more than 22 million millionaires in the U.S. alone. That’s up from fewer than 8 million in 2000. Undoubtedly, one of the biggest reasons for the rising number of millionaires is the stock market. So, what are some artificial intelligence […]
If your ultimate investing goal is becoming a millionaire, there’s one sector you’ll want to overweight within your portfolio: Technology. The tech sector’s stocks have a long history of outperforming the overall market. That’s because tech companies tend to introduce the world’s most revolutionary products and services. Think mobile phones, or high-speed internet, or augmented […]
Buying and holding great companies for the long run is a tried-and-tested way of making money in the stock market, as investors can not only benefit from secular growth opportunities by following this philosophy but also take advantage of the power of compounding. Artificial intelligence (AI) has emerged as the next big growth opportunity for […]
The broader energy industry has steadily shifted over the past few decades. Today, renewable energy contributes about 20% of electricity in the United States, recently surpassing coal for the first time. NextEra Energy (NYSE: NEE) has benefited both as an electric utility and a renewable energy producer. The stock has returned a stellar 13,000% over […]
There have never been more millionaires than today. Indeed, Statista estimates that as of December 2023, there were 22.7 million millionaires in the United States, roughly 9% of the American population. One big reason why: The current bull market, and, in particular, the artificial intelligence (AI) stocks that are powering it higher. So, let’s take […]
Palantir Technologies‘ (NYSE: PLTR) stock has surged more than 150% over the past 12 months as the developer of data mining and analytics software impressed investors with its stabilizing revenue growth and improving profitability. Those improvements were largely driven by the accelerating growth of its U.S. commercial business, which offset the slower growth of its […]
Many growth-oriented investors adore tech companies because they can often expand for years by disrupting legacy industries. The sector’s biggest success stories — including Amazon, Microsoft, and Alphabet — made their long-term investors into millionaires by constantly expanding their ecosystems and crushing their competitors. Those tech giants could still generate more millionaire-making gains, but investors […]