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Barchart
Barchart
Tony Daltorio

A Hidden AI Stock to Add to Your Portfolio

Guardant Health Guardant Cancer Oncology Nvidia

When a technology is billed as existentially transformative, the primary impulse of investors is often fear – fear of missing out (FOMO). That why the big investing news story so far in 2023 has been artificial intelligence (AI).

However, for investors, the obvious play to profit from generative AI is already a crowded trade. It’s a popular adage to 'invest in shovel-makers when there’s a gold rush', but shares in Nvidia (NVDA) – it makes the graphics processing units (GPUs) facilitating generative AI – have already tripled in value this year.

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