Finding millionaire maker stocks isn’t easy. These stocks are relatively few and far between, but they do exist. One area where investors are looking for these stocks is in the artificial intelligence (AI) space. Artificial Intelligence is a transformative technology that will spawn several companies that will deliver incredible returns, but there will also be a lot of bankruptcies along the way.
Two stocks that I think have huge upside potential are Sound Hound Artificial Intelligence (NASDAQ: SOUN) and Nebius (NASDAQ: NBIS). Both companies are already growing rapidly and are expected to deliver strong returns in the coming years if product usage increases. While it’s unclear whether these two stocks will become millionaire-maker stocks on their own, as part of a diversified portfolio they can provide overwhelming returns that speed up your time to becoming a millionaire.
Will artificial intelligence create the world’s first trillionaire? Our team just released a report on a little-known company that has been described as an “essential monopoly” that provides critical technology that both Nvidia and Intel need. continue”
SoundHound AI provides artificial intelligence-driven audio recognition software. Although currently the most popular is restaurant drive-thrus, it can be deployed in a number of different environments. SoundHound AI wouldn’t be considered a successful investment until it moves into other areas, which it’s trying to do now. It is actively signing up clients in the insurance, financial and healthcare sectors. These industries employ large numbers of customer service agents, all of whom could be replaced by general AI models if properly trained. This is a huge market opportunity that SoundHound AI needs to seize. If it can do that, it should generate some serious returns over the next few years.
Nebius is essentially an AI-first cloud computing provider. It focuses on providing a full-stack setup so that customers can run and deploy AI workflows to Nebius’ servers out of the box. It’s experiencing tremendous growth, with annual revenue expected to grow from $1.25 billion at the end of 2025 to $7 billion to $9 billion by the end of this year. Demand is likely to continue to accelerate in the years to come. While it may not be able to continue on this exponential growth trajectory, Nebius is working hard to meet the huge demand for artificial intelligence computing power.
While I think both stocks could generate huge returns if they perform well in their respective markets, getting more than $1 million in returns from a humble investment is still unlikely. Both stocks are risky, so I wouldn’t invest more than 1% of my portfolio in them. If you require a 100x return as the threshold for what constitutes a millionaire maker stock (which is my typical rule of thumb), then you need to invest $10,000 in each stock. At $10,000, a 1% position would mean you would be a millionaire with a 100x return.