I asked ChatGPT to name 5 growth shares that could make me a ton of money between now and 2030. Here are the results

Edward Sheldon’s looking for growth shares that could significantly boost his wealth over the next five years. Can ChatGPT help him?

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

Image source: Getty Images

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

Investing in growth shares can be a great way to build wealth. Just ask anyone who has been invested in Apple over the last 10 years (it’s soared).

Recently, I asked ChatGPT to list five growth shares that could make me a lot of money between now and 2030. Here’s a look at the names it gave me.

ChatGPT’s growth picks

ChatGPT told me that identifying high-growth stocks involves looking for companies with strong fundamentals, growth potential, and innovation. That’s a fair statement.

Should you invest £1,000 in AG Barr right now?

When investing expert Mark Rogers has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets. And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if AG Barr made the list?

See the 6 stocks

It added that before making any investment decisions, it’s crucial to conduct thorough research and consider financial goals and risk tolerance. That also makes sense.

As for the five growth stocks it gave me, they were:

  • Nvidia – ChatGPT expects the stock to keep performing due to the high level of demand for its AI chips
  • Amazon (NASDAQ: AMZN) – It’s relentless innovation and diversified business model position it for continued growth, according to ChatGPT
  • Shopify – ChatGPT believes it will benefit from the growth of the e-commerce industry
  • Airbnb – With its scalable platform, Airbnb’s well-positioned for long-term growth
  • First Solar – It sees this solar power company as a good play on the renewable energy industry

I already own three!

It’s an interesting list of stocks. What’s funny is that I already own three of them. Currently, Amazon is my largest individual stock holding. This is a company I’m really excited about.

Today, Amazon operates in a wide range of growth industries including e-commerce, cloud computing, AI, semiconductors, video streaming, digital advertising, digital healthcare, and self-driving cars. So I’d be very surprised if it didn’t make me money over the next half-decade.

There are no guarantees it will, of course. If we see a major economic collapse in the next five years, Amazon’s growth could stall and its share price could fall. I’m optimistic that its revenues and earnings (and share price) will be significantly higher by 2030 however. That’s why I’ve gone all in on it.

Created with Highcharts 11.4.3Amazon PriceZoom1M3M6MYTD1Y5Y10YALLwww.fool.co.uk

The other two stocks I currently own are Nvidia and Shopify. Nvidia’s one of my largest holdings because it has recently shot up. I continue to believe it has substantial growth potential due to the fact it’s the leader in the AI chip space. Shopify’s a smaller position for me as I view it as more speculative. I expect this company to do well on the back of the e-commerce boom but I see it as higher risk due to the fact its profits are still quite small.

I’ll point out that I used to own Airbnb stock. I sold it recently after deciding that government regulation could be a challenge for the company in the years ahead.

As for First Solar, which specialises in solar technology, it’s an interesting idea. However, the outlook for renewable energy companies looks a bit murky to me now that Donald Trump’s going to be US President.

I was hoping for more

Overall, I think ChatGPT’s investment ideas were reasonable. I believe three out of the five stocks have a lot of potential.

I’m a little disappointed that the app didn’t list some really exciting new ideas for me though. I was hoping to learn about some obscure growth company capable of generating huge wealth for me over the next five years.

Of course, there are plenty of other passive income opportunities to explore. And these may be even more lucrative:

We think earning passive income has never been easier

Do you like the idea of dividend income?

The prospect of investing in a company just once, then sitting back and watching as it potentially pays a dividend out over and over?

If you’re excited by the thought of regular passive income payments, as well as the potential for significant growth on your initial investment…

Then we think you’ll want to see this report inside Motley Fool Share Advisor — ‘5 Essential Stocks For Passive Income Seekers’.

What’s more, today we’re giving away one of these stock picks, absolutely free!

Get your free passive income stock pick

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Edward Sheldon has positions in Amazon, Apple, Nvidia, and Shopify. The Motley Fool UK has recommended Airbnb, Amazon, Apple, Nvidia, and Shopify. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Like buying £1 for 51p

This seems ridiculous, but we almost never see shares looking this cheap. Yet this recent ‘Best Buy Now’ has a price/book ratio of 0.51. In plain English, this means that investors effectively get in on a business that holds £1 of assets for every 51p they invest!

Of course, this is the stock market where money is always at risk — these valuations can change and there are no guarantees. But some risks are a LOT more interesting than others, and at The Motley Fool we believe this company is amongst them.

What’s more, it currently boasts a stellar dividend yield of around 8.5%, and right now it’s possible for investors to jump aboard at near-historic lows. Want to get the name for yourself?

See the full investment case

More on Growth Shares

Light trails from traffic moving down The Mound in central Edinburgh, Scotland during December
Investing Articles

£10,000 invested in Aston Martin shares at Christmas is now worth…

Aston Martin shares have fallen from above £10 in early 2020 to pennies today. Is this the perfect time for…

Read more »

Hand of person putting wood cube block with word VALUE on wooden table
Investing Articles

Down 34%, does IAG’s share price look an unmissable bargain to me now?

IAG’s share price had fallen a long way even before the latest market rout, but this may mean a bargain-basement…

Read more »

Investing Articles

Up 30% in weeks, does the BAE Systems share price still offer value?

The BAE Systems share price has been on a tear over the past couple of months. This writer sees limited…

Read more »

Investing Articles

£10,000 invested in Rolls-Royce shares 5 years ago is now worth…

Rolls-Royce shares have been on fire since April 2020. Part of this is the result of pandemic restrictions lifting, but…

Read more »

Investing Articles

£20K invested in Tesla stock last April is now worth…

Despite all the bad headlines lately, Tesla stock has put in a storming performance over a 12-month timeframe. Is this…

Read more »

Portrait of elderly man wearing white denim shirt and glasses looking up with hand on chin. Thoughtful senior entrepreneur, studio shot against grey background.
Investing Articles

Is Fundsmith Equity still a good choice for a Stocks and Shares ISA in 2025?

Many Britons hold the Fundsmith Equity fund in their Stocks and Shares ISAs. Is this still a good move? Edward…

Read more »

Investing Articles

Prediction: Unilever to outperform the FTSE 100 over the next 12 months

The FTSE 100 has made a strong start to 2025, but Stephen Wright thinks a popular dividend stock could be…

Read more »

Young black man looking at phone while on the London Overground
Investing Articles

2 beaten-down stocks to consider for an ISA after the massive market sell-off!

The stock market has had a sudden meltdown! Yet our writer thinks these two growth stocks look attractive candidates for…

Read more »