12 AI Stocks Poised for Massive Growth

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On March 11, CNBC reported that the company is open to deploying natural gas with carbon capture technology to power artificial intelligence data centers. Bobby Hollis, the company’s vice president of energy, said that the idea “absolutely would not be off the table.”

However, he said that Microsoft would consider natural gas with carbon capture only if the project is “commercially viable and cost competitive.” Despite its carbon-dioxide emissions, data center developers are increasingly opting for natural gas as a near-term power solution. Even the Trump administration is focused on boosting natural gas production.

“We’ve always been cognizant that fossil will not disappear as fast as we all would hope. That being said, we knew natural gas is very much the near-term solve that we’re seeing, especially for AI deployments.”

– Bobby Hollis

While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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