15.12.2024 11:12:00
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1 Stock With Monster Upside to Buy as the AI Trade Enters Its Next Phase in 2025, According to Wall Street Analysts
Jim Tierney at AllianceBernstein recently told Yahoo Finance that chipmakers like Nvidia were the first phase of the artificial intelligence (AI) trade. He believes the next phase will focus on cloud computing and software companies that use AI chips to provide services to their customers. Tierney believes that phase will move into high gear in 2025.Numerous companies should benefit as the trend takes shape, but Cloudflare (NYSE: NET) is one investors may overlook because it receives less media coverage than the "Magnificent Seven" companies. But Hamza Fodderwala and Keith Weiss at Morgan Stanley recently upgraded the stock and bumped the bull-case target price to $175 per share. From the current share price of $113, that implies monster upside of 55% in 2025.Here's what investors should know about this cloud infrastructure stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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