Faced with mounting economic uncertainty and the fast pace of interest rate hikes by the U.S. Federal Reserve to tamp down rising inflation, tech stocks had a year of reckoning in 2022. Three cheap AI stocks to consider before the end of the year are Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), Meta Platforms (NASDAQ: META), and Pinterest (NYSE: PINS). Google parent Alphabet put up lackluster numbers in Q3 2022 (year-over-year revenue growth of just 6%, and operating profit margin contraction to 25% compared to 32% last year), but the company still has lots going for it. Read More...
Faced with mounting economic uncertainty and the fast pace of interest rate hikes by the U.S. Federal Reserve to tamp down rising inflation, tech stocks had a year of reckoning in 2022. Three cheap AI stocks to consider before the end of the year are Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), Meta Platforms (NASDAQ: META), and Pinterest (NYSE: PINS). Google parent Alphabet put up lackluster numbers in Q3 2022 (year-over-year revenue growth of just 6%, and operating profit margin contraction to 25% compared to 32% last year), but the company still has lots going for it.
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