BofA: The AI Stock Poised to Jump 21%

ChatGPT just started a brand-new AI race…

And Bank of America expects Google to be a great contender.

In their own words:

“GOOG [is] well prepared for the AI battle with years of investment.”

Google introduced Bard right after Microsoft (NASDAQ: MSFT) announced its new $10B deal with OpenAI.

And even Baidu—the “Google of China”—is releasing its own ChatGPT version soon.

Who will win the AI race?

Nobody knows…

But BofA sees the potential for Alphabet shares to rise 21%.

Because we are in the early stages of an AI tsunami.

Consider some of the biggest transformational tech trends of the last 20 years…

Like e-commerce… social media… or cloud computing…

And the types of profits early investors had the chance to earn by investing in them.

Well I’d bet that we’re going to see the same exact thing with AI.

Sort of like investing in Amazon at the very beginning of the e-commerce boom…

Or in Apple right before smartphones took over the world.

The simple fact is that, in a year or two, you’re going to be looking back on the AI boom – and you will have seen explosive profits just like these winning trades.

One of my favorite AI stocks is helping American companies move their factories back to the U.S. from China.

And they’re helping improve the automation and efficiency of these facilities by using AI, robotics, and machine learning to help these companies profitably manufacture their products right here in the U.S.

Shares of this stock could quickly double or triple in price.

Then there’s another pure-play AI stock that’s an absolute powerhouse.

The company uses AI to help law enforcement hunt down criminals involved with drug trafficking, human trafficking, and terrorism.

They also help big banks identify fraudulent transactions.