GET IN EARLY! Top 4 Ai Stocks that are Better than Nvidia

Published: 30 September 2024
on channel: Fin Tek
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3.8k

While Nvidia stock has dropped 15% in the past week, here are 4 AI companies benefiting from Generative AI Breakthroughs: ASML (NASDAQ:ASML), Vertiv Holdings (NYSE:VRT), Meta (NASDAQ: META), and Cloudflare (NYSE:NET).

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These four companies represent the four main segments of the emerging Gen AI industry: AI Hardware, AI Models, and AI Applications. Of these companies, I currently own a position in Cloudflare, but I'm actively considering investing in the other three. My thesis is that these smaller AI companies that have not yet run up in price that same way Nvidia or Microsoft have puts them at an advantage as AI continued to reshape the economy over the coming years, while Meta appears to be the potentially cheapest way to invest directly in the future of AI model creation.

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