Could This Artificial Intelligence (AI) Stock Be a Hidden Gem for Patient Investors?

Artificial intelligence (AI) has been the driving force behind the rally in tech stocks over the past three years. Heavy spending on AI hardware and software solutions has led to a 115% surge in the tech-focused Nasdaq Composite during this period.However, Apple (NASDAQ: AAPL) has underperformed the broader tech sector over the past three years, rising 89% compared with the triple-digit gains of the Nasdaq Composite. The lack of any groundbreaking AI-related move by Apple has been weighing on the stock. But if you're a patient investor, buying Apple stock and holding it for the long run could turn out to be a smart move, as it is likely to benefit from the proliferation of AI.Let's see why that may be the case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool