If hockey great Wayne Gretzky received a quarter every time his most famous quote was cited, he’d probably have more money than he made during his sports career. That quote, of course, is: “I skate to where the puck is going, not where it has been.”
Although Gretzky’s statement has become a cliché, it remains great advice for investors. Looking ahead is much preferable to looking to the past.
It could be easier to “skate to where the puck is going” with investing than many might think. I predict that these four future technologies will be millionaire-makers — and here are the top stocks to buy now to profit from them.
1. Artificial general intelligence (AGI)
Tremendous progress has been made in artificial intelligence (AI) in recent years. But what’s potentially coming could make today’s chatbots look primitive. Some experts predict artificial general intelligence (AGI) will be achieved before the end of this decade. Others think it will take several more decades.
There are different definitions of AGI. However, most focus on AI that has human-level intelligence with the ability to learn on its own. AGI holds the potential to transform businesses in every sector and industry.
Several technology giants are already racing to develop AGI. It’s impossible to know which one will be the first to achieve success or which will be the biggest winner. However, I think one company will profit tremendously from AGI in nearly any scenario: Nvidia (NASDAQ: NVDA).
Nvidia’s graphics processing units (GPUs) are the gold standard for powering AI apps today. The company’s heavy investments in research and development should keep it on top. AGI will likely require more powerful processing than current AI models. Nvidia’s revenue and profits should skyrocket whenever the technology becomes available.
2. Islet cell therapy
Islet cell therapy involves transplanting islet cells from a pancreas into a patient’s liver. These transplanted islet cells produce insulin, which regulates blood sugar levels. The therapy holds the potential to cure type 1 diabetes (T1D).
Vertex Pharmaceuticals…
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