The Best AI Stocks to Buy for 2021 and Beyond
You're not imagining things. Computers are getting smarter every day.
Artificial intelligence (AI) is a not-so-new technology that involves "smart" computers capable of demonstrating intelligence, usually through solving problems or learning. As the horsepower behind AI improves, the technology is able to perform increasingly complex tasks, from identifying new sales opportunities to steering vehicles. And that technology is driving the best AI stocks to strong outperformance this year, with many equities that either use or help power artificial intelligence boasting double-digit gains against a down market.
In fact, you probably use AI every day, whether you realize it or not. Artificial intelligence powers personal assistants such as Alexa, Cortana and Siri. It also guides the search results you plug into your computer or smartphone, and it often helps determine the advertisements you see.
It's an incredible investing opportunity, too. AI stocks are gunning after a market poised to grow from $10.1 billion in 2018 to $126 billion in 2025, according to estimates by emerging-technology research and consulting firm Omdia | Tractica.
Here, we look at 10 of the best AI stocks to buy for investors in it for the long haul. Each stock has already outperformed considerably year-to-date, and the coronavirus outbreak still might rattle them in the short-term. But each also shows plenty of promise looking out to 2021, 2022 and beyond.
Nvidia
Market value: $222.1 billion
Year-to-date performance: +53.4%
Chipmaker Nvidia (, $361.05) has long been one of the best AI stocks to buy. While the company has built its reputation on high-powered graphics cards for gaming PCs, Nvidia's chips are increasingly being used
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