These 10 stocks will be under-the-radar winners of the inevitable AI takeover, according to Bank of America
Artificial intelligence has near limitless potential, but it's unclear how big its impact will be.Here are 10 AI stocks that may be unexpected winners, according to Bank of America.has led many investors to wonder how much of an impact the technology will have — and how to best profit from it.
However, there's a real chance that AI's impact won't live up to the immense expectations for it, Woodard warned. Although the AI wave is inevitable, it may not necessarily be a tsunami. Challenges for AI stocks include expensive valuations, low rates of profitability relative to other technology stocks, and other threats like regulation, according to Bank of America. Plenty of optimism is currently priced into AI stocks, so they could pull back regardless of how much of an impact the technology has on individual firms and the economy broadly.
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