Buying an artificial intelligence ETF is a great way to gain exposure to many potential AI winners. This particular fund has climbed in the double digits over the past year.
For investors seeking momentum, Roundhill Generative AI & Technology ETF CHAT is probably on the radar. The fund just hit a 52-week high and is up 49.44% from its 52-week low price of $25.14/share.
The S&P 500 is in a bull market, and a handful of powerhouse technology stocks continues to drive the index higher. Artificial intelligence (AI) is a key ingredient in the success of those technology stocks.
AI is here to stay and could create trillions of dollars in economic activity. The Invesco QQQ ETF has significant exposure to companies that are riding the AI tide higher.
One of the hottest investment trends to jump on at the moment is machine learning stocks to buy. Valued at about $79.3 billion at the moment, it's expected to balloon to $503.4 billion by the time 2030 rolls around, according to Statista.