Nvidia (NASDAQ: NVDA) is an absolute rocket ship.
I hope you’re sitting on some huge gains too.
Today I’m going to preview some AI stocks that I’m considering for my portfolio.
These stocks have been doing well.
Yet they’re outside of the “Magnificent 7” that have been dominating the market.
Here’s what I’m looking at today…
Digital Realty Trust (NYSE: DLR)
This is a real estate investment trust – or REIT – that operates 300 datacenters.
DLR benefits from growth in cloud computing. Artificial Intelligence is fueling more demand for. And the stock stands ot benefit.
Micron Technology (NYSE: MU)
Micron makes memory chips for PCs and smartphones. Its chips are also critical to supporting AI applications.
Sales are expected to double from $15 billion in 2023 to $32 billion in 2025. Meanwhile, Micron could swing from a loss to banking huge profits.
Vertiv Holdings (NYSE: VRT)
This is also a play on data center growth – expected to be 10% per year through 2030.
Vertiv makes power and cooling solutions for datacenters. Sales are expected to jump 20%. Plus, earnings could grow by nearly 30% this year.
I’ll be digging into these stocks next week.
Happy Friday!
Ian