2 AI Stocks That Are Safer Options for Retirees: Microsoft and Alphabet
The post 2 AI Stocks That Are Safer Options for Retirees: Microsoft and Alphabet appeared on BitcoinEthereumNews.com. The world of artificial intelligence (AI) is abuzz with growth opportunities in 2023, but for retirees, it can appear as a high-risk venture akin to a tech bubble. While some AI investments may be speculative and lack a clear strategy for profitability, there are safe and promising options within the AI landscape. Microsoft: A steady giant Microsoft, a stalwart in the tech industry, is a favorite among retirement portfolios. The company’s stable business operations are complemented by a modest dividend yield of 0.9%, providing retirees with consistent quarterly income. Notably, Microsoft has a history of increasing dividend payments, with a recent 10% hike. Moreover, the company boasts strong free cash flow and profits, attributes highly coveted by both retirees and risk-averse dividend investors. Microsoft’s robust financial position enables it to reinvest in growth initiatives. The acquisition of video game company Activision Blizzard for $69 billion and a $13 billion investment in OpenAI underline Microsoft’s commitment to AI. Additionally, the company has introduced AI-enhanced features in its Microsoft Office suite, priced at $30 per month, signaling potential revenue growth. Microsoft’s dedication to AI extends to its search engine, Bing, which incorporates AI and offers AI-generated images. With such investments and initiatives, Microsoft is poised for substantial growth in the AI sector, offering retirees a safe investment opportunity with significant potential. Alphabet: Profitability and AI innovation Alphabet, another financial heavyweight, presents an attractive avenue for AI investment. Similar to Microsoft, Alphabet has demonstrated consistent growth in earnings and free cash flow over the past decade. In the realm of AI, Alphabet has been developing its chatbot, Bard, to rival ChatGPT, although it may not be as popular. The company has also integrated AI into core office applications, including Gmail, which will be available for a subscription fee of $30 per month. While…
The post 2 AI Stocks That Are Safer Options for Retirees: Microsoft and Alphabet appeared on BitcoinEthereumNews.com.
The world of artificial intelligence (AI) is abuzz with growth opportunities in 2023, but for retirees, it can appear as a high-risk venture akin to a tech bubble. While some AI investments may be speculative and lack a clear strategy for profitability, there are safe and promising options within the AI landscape. Microsoft: A steady giant Microsoft, a stalwart in the tech industry, is a favorite among retirement portfolios. The company’s stable business operations are complemented by a modest dividend yield of 0.9%, providing retirees with consistent quarterly income. Notably, Microsoft has a history of increasing dividend payments, with a recent 10% hike. Moreover, the company boasts strong free cash flow and profits, attributes highly coveted by both retirees and risk-averse dividend investors. Microsoft’s robust financial position enables it to reinvest in growth initiatives. The acquisition of video game company Activision Blizzard for $69 billion and a $13 billion investment in OpenAI underline Microsoft’s commitment to AI. Additionally, the company has introduced AI-enhanced features in its Microsoft Office suite, priced at $30 per month, signaling potential revenue growth. Microsoft’s dedication to AI extends to its search engine, Bing, which incorporates AI and offers AI-generated images. With such investments and initiatives, Microsoft is poised for substantial growth in the AI sector, offering retirees a safe investment opportunity with significant potential. Alphabet: Profitability and AI innovation Alphabet, another financial heavyweight, presents an attractive avenue for AI investment. Similar to Microsoft, Alphabet has demonstrated consistent growth in earnings and free cash flow over the past decade. In the realm of AI, Alphabet has been developing its chatbot, Bard, to rival ChatGPT, although it may not be as popular. The company has also integrated AI into core office applications, including Gmail, which will be available for a subscription fee of $30 per month. While…
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