Stocks

3 Artificial Intelligence Stocks Poised for Long-Term Growth

Published May 19, 2024

Artificial Intelligence (AI) continues to be at the forefront of technological advancements, and investors are keenly looking for stocks that are set to thrive in this innovative space. As we cast our eyes into the future, particularly the next five years, certain AI stocks appear particularly resilient and likely to remain integral to the AI landscape. Among these, two stand out for their robust AI initiatives and market presence: Alphabet Inc. GOOG and CrowdStrike Holdings, Inc. CRWD.

Alphabet Inc. GOOG

Alphabet Inc., the parent company of Google, has continuously proven itself as a technological powerhouse. With a restructuring that took place on October 2, 2015, Alphabet has become one of the largest technology companies in the world by revenue and remains a highly valuable entity. Beyond its search engine dominance, Alphabet is a key player in the AI sphere, investing heavily in AI research and implementation across various sectors, including autonomous vehicles, healthcare, and data analytics. This diverse application of AI underlines Alphabet's commitment to innovation and positions GOOG as a stock likely to reward shareholders in the long-run.

CrowdStrike Holdings, Inc. CRWD

Turning to the cybersecurity domain, CRWD offers cloud solutions for endpoint and cloud workload protection. With an impressive global footprint extending from the United States to the United Kingdom, CrowdStrike is at the vanguard of using AI to revolutionize cybersecurity. Its AI-powered Falcon platform has been lauded for its efficacy in real-time threat detection and has become a go-to for businesses seeking robust digital protection. As cyber threats continue to evolve, CrowdStrike's adaptive AI technology makes it an indispensable tool for companies, suggesting that CRWD is another stock with a promising outlook for investors with a long-term perspective.

In summary, the AI industry is booming, and selecting the right stocks to capitalize on this growth can be challenging. However, GOOG and CRWD offer compelling narratives of growth, sustainability, and technological leadership. Looking half a decade ahead, it is likely that these stocks will not just endure but also excel in the rapidly advancing field of AI. For those who invest now, the likelihood of looking back with satisfaction at their foresight is quite high.

ArtificialIntelligence, Investment, Technology