3 AI Stocks That Could Go Parabolic
The astonishing capabilities of ChatGPT (released in November 2022) appear to have kicked off a new AI arms race. While leaders in the field, such as Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT), have seen their stocks surge to high multiples, the following three AI-related names still trade at cheap valuations. Meta Platforms (NASDAQ: META) stock may not look cheap at the moment, but its headline price-to-earnings (PE) ratio of 25 is a bit misleading.