Story of the day
The addressable market for AI is massive and expanding quickly. Generative AI is expected to be a US 1.3 trillion-dollar market by 2032, with a 2022 to 2032 CAGR of 42%, according to Bloomberg Intelligence.
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What does this mean for your portfolio?
Given that AI can be used in any industry, the applications of AI are far reaching. DBS Group Research believes the AI opportunity remains compelling and profit-taking dips could be an attractive entry point for long-term investors.
We like these:
Top AI ETF
We like AI ETFs involved in the development and production of automatic and robotic technology, as well as autonomous and electronic vehicle technology.
Want to know more on our stock research ideas?
Please visit DBS Treasures website.
Click under “Research” > “Equities to Watch”:
You can then select your Favorite Sectors:
