"Ten companies traded on U.S. stock exchanges currently have market values of at least $1 trillion, and nine are deeply involved in artificial intelligence (AI). They are listed in descending order based on the upside (or downside) implied by the median target price among Wall Street analysts as of October 3. Meta Platforms (NASDAQ: META) has a median target of $880 per share, implying 22% upside. Microsoft has a median target of $630 per share, implying 21% upside from the current price of $520. Amazon has a median target of $265 per share, implying 19% upside from the current price of $223. Broadcom has a median target of $393 per share, implying 15% upside from the current price of $342. Nvidia has a median target of $214 per share, implying 13% upside from its current price of $189."
"Meta Platforms is using artificial intelligence to improve its advertising business Meta Platforms owns three of the four most popular social media networks, including Facebook, Instagram, and WhatsApp, as measured by monthly active users. That those platforms attract 3.4 billion people daily makes Meta a key advertising partner for countless brands."
Ten U.S.-listed companies currently have market capitalizations of at least $1 trillion, and nine of them have deep involvement in artificial intelligence. Median analyst targets imply the largest upside for Meta Platforms (22%), followed by Microsoft (21%) and Amazon (19%). Broadcom and Nvidia show mid-teens and low-double-digit upside, respectively, while Alphabet is flat. Apple and Taiwan Semiconductor show modest downside, and Tesla shows the largest downside. Meta owns Facebook, Instagram and WhatsApp, reaches about 3.4 billion daily users, and is applying AI to bolster its advertising business.
Read at The Motley Fool
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