The artificial intelligence (AI) megatrend has taken Wall Street by storm, and for good reason. According to a Statista report, AI’s total addressable market is forecast to expand from US$136 billion in 2023 to US$826 billion in 2030, providing companies in this disruptive space with enough room to increase revenue in the upcoming decade.
While big tech giants such as Nvidia, Alphabet, Meta, and Microsoft are leading the race, there are several other players part of the AI segment that should help you deliver market-beating gains going forward. Here is one such Canadian AI stock that also pays you an attractive dividend. Let’s dive deeper.
An overview of OpenText
Valued at $10.9 billion by market cap, OpenText (TSX:OTEX) operates an enterprise-facing cloud-based software platform. It offers a suite of solutions across content, business networks, digital experience, operations management, security, and developer application…
