top stocks such as Apple, Amazon, Microsoft, Alphabet, and Berkshire Hathaway has been key to success as an investor. By following a solid investment strategy and being patient and disciplined, NOW!Recommended Features
the winners in a few huge markets - that are growing fast thanks to (AI)
Microsoft Google and Amazon because they own a whopping 65% of the global cloud - services Market combined!
all the winners in a few huge markets that are growing fast thanks to AI top stocks for 2024 the best way to get richportfolio in 2024 and Beyond targets researchusing AI to solve real world problems biggest public companies in the United States the top five companies in theindex are Apple Microsoft Amazon Nvidia and Google all five of these companies went up by more than 50% this past year and Nvidia actually went up by almost250% more Tech focused companies that can benefit from this massive AI boomthe Netherlands that makes the assive machines that chip makers like Intel Samsung and tsmc buy to make the most advanced chips on the planet Microsoft Google and Amazon because they own a whopping 65% of the global cloud services Market combinedsolar projects to help entire communities across the USreduce their Reliance on the grid giving communities more reliable power -cloud service providers massive Global networks of data centers businesses pay them each year to do things like store and secure their company's data host mobile and web applications use their Computing clusters and access a wide variety of AIand machine learning tools -AWS Microsoft and Google are spending billions on Azure and Google Cloud -Nvidia and AMD dominate the market for data center gpus also called acceleratorsgpus are currently the main kind of processor for AI applications like chat GPT Nvidia currently has a massive 92% market share for Data Center gpus and AMD is their only direct competition - Market is expected to have a 24% compound annual growth rate for almost the next decade -Microsoft Google and Amazon dominate cloud services and data centers -Nvidia also has its own set of data centers and supercomputing services -Microsoft Google and Amazon all build their own data center chips but theydon't really compete with nvidias or amds they actually don't even sell them to other compan companies instead they send easier workloads to their own chips and they use nvidia's and amd's chips to process the harder ones that's Nvidia and AMD havefor AI chips for AI chips the cloud providers - companies in every major Tech Market -Intel has over a 70% market share for data center CPUs even though AI is Shifting the world towards gpus CPUs arestill the main kind of data center processor today Intel's biggest competitor here is AMD which owns theother roughly 30% of this Market - Intel has over a 70% market share for data center CPUs even though AI is Shifting the world towards gpus CPUs are still the main kind of data center processor today Intel's bigges competitor here is AMD which owns the other roughly 30% of this Market Ididn't put Intel on my list because it's already near the top of the NASDAQ 100 and it's currently way above my price Target after going up 50% over the last 2 months anyway between Nvidia and AMD and the three big cloud service providers I can own the entire data center GPU market and not worry aboutwho's winning at any given time and if I add Intel into the mix I would own theentire CPU Market as well so now with just five or six stocks I'm virtually guaranteed to be holding the winners of multiple quickly growing markets -the global artificial intelligence Market -over the next 10 years which is a compound annual growth rate of almost 37% for the next decade - cyber security since the global Cloud security Market is forecasted to more than 7x in size cyber security expert but I do think this Market will grow even faster than predicted because as AI keeps evolving there will be way more cyber threats in general new kindsof malware and hacking techniques more devices apps and data that needssecuring and more rules and regulation on what counts as secure in the first place so I looked for cyber securitycompanies that have high earnings growth and are Market leaders specifically inidentity and access management and data loss prevention since those appear to be the biggest chunks of the global Cloudsecurity Market that's how I landed on poo Alto networks and fortunet crowd strike and zscaler are two other cyber security companies - this list is all about building a solid foundation for a long-term stock portfolio -the planet trust paler platforms with their most sensitive data because ofthat paler Solutions need to be incredibly accurate fast and secure -by humans uipath uses different kinds of AI like computer vision and naturallanguage processing to let people create pretty robust automations for examplethey can use computer vision to find and push a button on a web page even if that web Page's layout changes over time or the robot can crawl through tons of emails retrieve data and enter it into a wide variety of other applications or it can send invoices to large numbers of customers who need them in completelydifferent formats these are all processes that every company has to dealwith so UI paaths Market is pretty massive I chose both paler and uipath for a few key reasons - day-to-daybusiness- Tech giants are adding AI to many of their services - picked paler and uipath is that they'reflexible and fast as AI keeps evolving both companies have released new tools that their customers love - it way faster and simpler to automate the era of AI I think the market will reward companies that are fast and flexible focuses on one market like cyber security or it has its hands in every Market like the tech Giants companies since the whole idea is to build a solidfoundation for a portfolio in 2024 fast growing markets and finding all the winnersyouhttps://youtu.be/jG0gBi7Ps4U?feature=shared
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