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Sell in May and Go Away? Absolutely Not -- 1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Instead. - The Motley Fool
Sell in May and Go Away? Absolutely Not -- 1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Instead.
The "Sell in May and Go Away" adage is built around the idea that investors should exit positions at the end of May and wait until the autumn season to invest. Times have changed, and making investment decisions based on outdated beliefs can be a mistake.
Innovative technological advancements are taking center stage in the world of investments, and Artificial Intelligence (AI) technology is at the forefront of it all. An amazing AI stock that investors should add to their portfolio hand over fist is NVIDIA Corp. (NVDA).
NVIDIA has established itself as a tech titan in the realm of AI processors and systems. Its graphic processing unit (GPU) is world-renowned and has spearheaded numerous technological advancements. The company's AI computing system, DGX A100, is the future. DGX A100 provides rapid performance, unmatched scalability, and an unprecedented level of efficiency, thereby revolutionizing the way businesses and scientists utilize AI technology.
NVIDIA's share price has increased by approximately 42% over the last year, attributed to substantial venture into AI technology and their dominance in the graphics processing market. Their stocks are also expected to grow in the coming months, as AI technology and artificial intelligence continue to lead the technological revolution.
This makes NVIDIA Corp. a must-have stock for investors searching for a strong investment in the AI realm. The age-old "Sell in May and Go Away" holds little relevance in today's AI-driven market, and NVIDIA is paving the way for investors who are ready to embrace progress and innovative technologies. It's time to jump on the AI band
Source: "artificial intelligence" - Google News, Link
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Posted by ghostaidev Team