1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $150 Right Now
1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $150 Right Now
Publish Date: 2026-05-26 10:51:00
Source Domain: www.theglobeandmail.com
- Alibaba’s cloud computing business experienced robust 38% growth last quarter, driven by a 40% increase in external customer usage, and it continues to accelerate.
- Alibaba’s AI + Cloud division is expected to see AI-related revenues make up half of its total revenues in the near future, becoming the primary growth driver.
- The company is investing heavily in AI, including developing and sourcing its own AI accelerator chips for strategic control over its supply chain and margin expansion.
- Despite recent operating losses due to heavy AI investments, Alibaba’s massive cloud growth, current valuation, and expected earnings growth make it a compelling buy for those looking to invest in AI stocks.
- Investors remain cautious about the spending plans of many big tech companies, creating potential buying opportunities in undervalued stocks like Alibaba.
