The juggernaut of artificial intelligence (AI) has been impossible to ignore for market participants. Having contributing immensely to the overall upside in markets over the better part of two years now, the AI megatrend is rippling out through multiple industries. Estimated to reach a market size of $2.58 trillion by 2032, investors have been pouring in huge sums of capital to benefit from the upside in AI stocks.
But which AI stocks are worth adding to your portfolio at this phase in the cycle? With established giants like Nvidia (NVDA), Microsoft (MSFT), and Amazon (AMZN) already sharply higher on AI enthusiasm, here are 6 relatively overlooked stocks that brokerage firm Morgan Stanley (MS) considers high conviction picks with opportunities for productivity and efficiency gains, thanks to AI.
