"Stocks haven't been cheap in recent times, so you may not feel as if there are many "I have to buy this right now" opportunities. Especially in the world of artificial intelligence (AI). Investors have rushed to get in on leaders in this high-potential field, as analysts predict the AI market may reach into the trillions of dollars in just a few years. Companies using, developing, or selling AI may generate significant revenue growth as this story unfolds, and early investors might score a victory"
"The stock I'm talking about is one you might know well, but maybe not for its role in AI. Instead, you probably associate this company, Meta Platforms , with social media. After all, it's the owner of some of the world's most popular platforms, from Facebook to Instagram. About 3.5 billion people globally use at least one of Meta's social media apps daily."
Stocks generally carry high valuations, but some opportunities remain for investors seeking AI exposure. Meta Platforms operates core social apps used daily by about 3.5 billion people, which has driven substantial advertising revenue. The company is investing heavily in artificial intelligence, building a large language model and applying research to enhance social features and transform advertising. Improved engagement could increase user time on apps and encourage advertisers to raise spending. Ongoing AI research also opens paths to new revenue streams in the near and long term. Current pricing presents a rare chance to buy into Meta at an attractive valuation.
Read at The Motley Fool
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