A sectorwide frenzy for artificial intelligence (AI) stocks is driving many stocks through the ceiling. In particular, chip designer Nvidia (NASDAQ: NVDA) has joined the exclusive club of trillion-dollar market caps by more than tripling its stock price in the last 52 weeks. This doesn't look like the best time to put new money into Nvidia, though.
A sleep-well-at-night (SWAN) strategy for stock picking is a goal for many long-term investors. Free cash flow, dividends, or buybacks, and operations in secular growth industries are three things to look for in these stocks. If you have $1,500 in an investment account, whether from dividends, selling a winner or cutting losses on a loser (it happens), or monthly deposits adding up, these stocks may be an excellent place to invest for the long term.
Which top AI stock could make investors the most money this decade? Several top AI stocks are legitimately in the running to make the most money during the new version of the Roaring Twenties. Tesla (NASDAQ: TSLA) especially stands out because of its big head start.