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The artificial intelligence megatrend is here to stay, and companies continue to invest heavily in the disruptive technology to gain a first-mover advantage. A report from Statista predicts that the total addressable market for AI will expand from $136 billion in 2023 to $826 billion in 2030, providing enough room for several companies to gain traction over the upcoming decade.
After two consecutive years of 20%-plus gains, Goldman Sachs expects the S&P 500 Index ($SPX) to rise by “just” 7% from current levels in 2025. Investors looking to generate outsized gains should consider holding individual stocks that are part of growth markets such as AI.
