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2 Artificial Intelligence (AI) Stocks to Buy Now That Could Make You a Millionaire
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2 Artificial Intelligence (AI) Stocks to Buy Now That Could Make You a Millionaire

Imagine if you weren’t afraid of the disruption that artificial intelligence (AI) is bringing, and instead could get richer from the groundbreaking innovations that technology brings. This isn’t just for tech geeks or billionaire hedge fund managers. You too could build massive wealth by investing in the AI-powered titans of tomorrow.

But you have to choose your investments carefully.

To help you find those lucky ones, read on to learn about two pioneering companies that have some of the most cutting-edge AI technology in the world.

AI Stock to Buy No. 1: Palo Alto Networks

AI is created in the cloud. Palo Alto Networks (NASDAQ: PANW) helps companies protect their most critical cloud networks. The cybersecurity leader is using AI to strengthen its customers’ defenses at a time when the cost of cyber hacks is exploding and breach prevention is becoming increasingly important.

Failure to protect valuable trade secrets or sensitive customer data can result in devastating financial losses, regulatory penalties and reputational damage. You only need to take a quick look at the cost estimates for CrowdStrikeEarlier this year, we looked at the .com system outage to understand the extent of the potential losses. The rival cybersecurity provider’s system outages are expected to cost its customers a whopping $5.4 billion.

As its rival falters, Palo Alto is likely to further extend its leading position in the cyber defense industry. CrowdStrike’s troubles will also likely boost Palo Alto’s profits. The cloud watchdog is already growing at an impressive pace. Palo Alto’s annual recurring revenue for its next-generation security offerings rose 43% year over year to $4.2 billion in the quarter ended July 31.

Palo Alto’s platform-based approach is clearly resonating with customers. With its next-generation firewalls, advanced threat prevention tools, and a range of complementary cybersecurity solutions, Palo Alto offers a simpler and more seamlessly integrated offering than alternatives that seek to combine a variety of individual service providers. This allows the company to reduce the complexity of its customers’ security systems and speed up their incident response times.

Palo Alto’s size helps increase its competitive advantage. The cloud watchdog collects massive amounts of data from its 80,000+ enterprise customers, making its machine learning technology ever smarter. And when its AI-driven platform detects a new threat, it quickly updates its security to protect its customers from the threat.

These advantages position Palo Alto to capture a larger share of a fast-growing cybersecurity market that is expected to exceed $500 billion by 2030, according to Grand View Research. Invest in Palo Alto stock today and you could profit handsomely along with this leading AI-powered cloud defender.

AI Stock #2 Recommended to Buy: Palantir Technologies

Like Palo Alto Networks, Palantir Technologies (NYSE:PLTR) is becoming an indispensable AI partner for more and more companies and government organizations. The analytics specialist helps its customers gain valuable insights from their data faster than ever before.

Palantir’s award-winning machine learning technology can identify patterns from a variety of data sources. The company’s software enables real-time operational decisions by integrating AI into customers’ daily workflows.

Palantir’s AI-powered solutions are valued by the U.S. military and its allies. The U.S. Department of Defense awarded Palantir a contract worth up to $480 million to provide its AI-powered decision-making tools to commanders and senior leaders on the battlefield. The Ukrainian government is now using Palantir’s software to accelerate its mine clearance efforts.

Companies are also flocking to Palantir’s new Artificial Intelligence Platform (AIP). The energy management giant Eaton uses AIP to strengthen its data management and resource planning capabilities. Palantir also helps the restaurant chain Wendy’s digitize its supply chain and accelerate the adoption of AI-driven automation.

In addition, Palantir recently expanded its partnership with MicrosoftThe two technology leaders are working together to provide the U.S. defense and intelligence communities with a range of advanced AI applications and analytics capabilities.

These deals are accelerating Palantir’s expansion. Adjusted operating income rose 37% year over year to $254 million in the second quarter, driven by a 27% jump in revenue to $678 million. This represents a significant acceleration from the 21% revenue growth the AI ​​leader achieved in the first quarter. An 83% increase in U.S. business customers should provide further profit growth for Palantir and its shareholders in the coming year.

Should you invest $1,000 in Palantir Technologies now?

Before you buy Palantir Technologies shares, consider the following:

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Joe Tenebruso does not own any stocks mentioned. The Motley Fool owns and recommends CrowdStrike, Microsoft, Palantir Technologies, and Palo Alto Networks. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

2 Artificial Intelligence (AI) Stocks You Can Buy Now and Become a Millionaire was originally published by The Motley Fool.

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