AI stocks are booming—but they’re an absolute “dividend desert” for us contrarian income-seekers.
But what if we could find a way to grab more of our AI profits as dividends—particularly growing dividends—so we don’t have to “buy and hope” for price gains alone?
We can if we employ a “pick and shovel” approach.
During the gold rush of the 1840s, hordes flocked to California to get rich mining for gold. But the guys who made the real money didn’t actually mine anything. They were the entrepreneurs who sold the “picks and shovels” to the hapless speculators.
The three stocks we’ll talk about next are ideal “pick and shovel” plays on the AI boom.
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