2 Unknown Artificial Intelligence (AI) Stocks That Could Be Huge in 2024
2023 has been a fascinating year for investors. What started with hand-wringing and fear finished with the Dow Jones Industrial Average and S 500 indexes near record highs and the Nasdaq Composite not too far behind. There were at least two big reasons for the resurgence.
First, a recession that was predicted by many failed to materialize, thanks in part to efforts by the Federal Reserve. Outsized inflation was brought under control and the economy remained relatively strong despite some challenges. Second, an artificial intelligence (AI) wave of enthusiasm rolled over Wall Street. That wave helped push AI-influenced stocks like Microsoft and Nvidia to new record highs as their businesses generated terrific results.
The AI wave is expected to continue into 2024 and beyond, and investors are already looking elsewhere in the AI space for potential opportunities. Many companies are doing spectacular things with AI; here are two stocks to put on your radar in 2024.
Source Fool.com
