Artificial intelligence (AI) is a transformational technology. Because of AI, some established businesses will develop additional sources of revenue, and others will struggle to find a place in the new business and tech environment.
Still, other companies, often not thought of as AI stocks, could experience rapid growth and possibly emerge out of nowhere to grow to a market cap of $1 trillion and beyond. Although it’s difficult to accurately predict which growth stocks will achieve such a milestone, three Motley Fool contributors have ideas on which of these less obvious AI stocks can grow their market cap beyond $1 trillion.
An old-school tech stock profits from the AI revolution
Jake Lerch (Oracle): My pick is Oracle (NYSE: ORCL), thanks to its resurgent cloud business that’s being fueled by skyrocketing demand for artificial intelligence data servers.
On the company’s most recent…