If You Missed the Boat on AI, Here’s What to Do

As a trader, I always pay attention to big market themes and trends to help me identify opportunities.

When a story gets hyped up and you hear about it everywhere, that often tells me there’s a trade to be found…

And one of the biggest news stories of 2023 has been artificial intelligence (AI).

PricewaterhouseCoopers estimates, “AI could contribute up to $15.7 trillion to the global economy in 2030, more than the current output of China and India combined.”

After all, AI is primed to disrupt far-ranging industries.

In healthcare, it will assist with drug discovery, diagnoses, hospital workflows, and robotic surgery.

In the financial sector, it will help with market analysis, risk assessment, and fraud detection.

In transportation, we’ll see this technology aid self-driving programs and shipping logistics.

And that’s just the tip of the iceberg.

We’ll also see AI play into fields like customer service, marketing, defense, retail, and cybersecurity. We aren’t anywhere close to discovering the full potential of this technology.

Of course, this will take time to develop. And we want to sift through the hype in this space to find the real winners.

Yet that can be trickier than it seems… Even the most successful AI companies still have their pitfalls…

The Most Popular AI Stock

Frenzied excitement in AI this year has funneled many investors’ money into popular chipmakers – especially Nvidia (NVDA).

Demand for its advanced graphics processing units (GPUs) has surged. That’s helped it beat earnings estimates all year long.

As a result, NVDA’s market cap has more than trebled from $352 billion to $1.15 trillion this year. The stock is up around 225% at writing.

That’s made some investors very rich.

But the bad news is, if you’re not already invested in NVDA, you’ve missed the boat.

It’s entirely possible that Nvidia will continue to grow and profit.

But it’s unlikely to reward new investors with 100%+ gains again anytime soon.

That’s because it’s a lot easier to double your value when you’re a smaller company (if $352 billion can be called “small”) than it is to double when you’re worth $1.15 trillion.

After all, competitors are eager to eat away at its market share with their own new chips. That’s bound to affect the company’s valuation. And crucially, any bad news could very well send the stock cratering from these high levels.

The story is the same for many other hot AI stocks that have surged this year.

They’re “priced for perfection” – which means any slip (however small) in sales, supply chain issues, or product delays could be devastating to anyone who buys in now.

Those are some of the reasons I’d advise staying away from the big AI names for now.

So given that’s the case, what’s the best way to play it?

An Alternative AI Play

The good news is that this AI boom is supercharging a market opportunity that’s just around the corner…

It is going to hand us an opportunity to profit from AI without buying NVDA or any of the other hot names.

In fact, you might be disappointed when you learn the name and ticker symbol of this play.

But don’t be fooled. This is the best way to profit from AI right now.

And it’s all going down just days from now.

Next week, we’re going to see a “7-day blitz” that uses this alternative AI play to rake in profits – often with a turnaround time of two days or less.

That’s due to trillions of dollars guaranteed to exchange hands during a short window next week. Our goal is to tip some of that cash flow into our pocket.

During past blitzes, my readers have doubled their money – and sometimes much more.

One reported, “My little $6,706.80 turned into $23,393.20! (up $16,686.40) 248.79% gain! Best trade of my life!”

That’s why I’m releasing a special 7-Day AI Blitz briefing TODAY at 11 a.m. ET.

I will share all the details of how we can profit from this alternative AI play during the briefing – including the ticker to use.

So if you feel like you’ve missed out on the biggest AI gains, don’t worry.

Simply go right here to watch my briefing when it goes live.

Regards,

Larry Benedict
Editor, Trading With Larry Benedict

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Are you invested in big AI names or plan to at the next dip? Let us know at [email protected].