Despite a bumpy start to the year, many investors remain optimistic about growth opportunities. Although market volatility can be challenging, it often leads to huge rewards over time. Investing $2,000 into the right companies today could pay off significantly.
Currently, experts are pointing to AI stocks to buy as some of the best opportunities. Two companies stand out for their strong performance and exciting future prospects.
ServiceNow continues to emerge as a major player in the AI software industry. The company helps businesses improve workflow and efficiency through innovative solutions. It also counts the U.S. government among its major clients, boosting its credibility.
In the first quarter, ServiceNow reported a 19% increase in subscription revenue, surpassing expectations. This growth came despite earlier concerns about economic uncertainty affecting software investments.
Additionally, ServiceNow closed 72 new deals, each worth over $1 million in annual contract value. Demand for its advanced Pro Plus AI offerings grew 150% compared to last year.
Furthermore, ServiceNow is expanding its presence in the federal market. U.S. public sector revenue grew over 30% year-over-year in the first quarter.
Given its strong growth and expanding client base, ServiceNow clearly ranks among the top AI stocks to buy.
Meanwhile, Nvidia remains the undisputed leader in supplying GPUs for AI development. Its chips power major applications like OpenAI’s ChatGPT and serve cloud giants like Amazon and Google.
Incredibly, Nvidia generated $73 billion in net income over the past 12 months. Analysts expect its revenue to jump 55% this year to $201 billion.
Nvidia’s new Blackwell chips are already in high demand across industries. Spending on data center infrastructure, Nvidia’s largest market, could soon top $1 trillion.
CEO Jensen Huang predicts that GPU-based computing markets could eventually reach trillions of dollars. Given this potential, Nvidia is firmly positioned among the top AI stocks to buy.
Investors splitting $2,000 between ServiceNow and Nvidia would gain exposure to both AI software and hardware innovation. As artificial intelligence transforms industries, these two companies stand ready to lead.
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