A Bull Market Is Coming: 2 Magnificent Artificial Intelligence (AI) Stocks I'm Buying Before 2023 Is Over

As 2023 nears its close, investors should consider what stocks may be good picks for 2024. For me, one of the best places to invest will once again be in the artificial intelligence (AI) realm. Although some companies aren't worth the money in this space, others look like attractive deals that should be scooped up before the calendar turns.

At the top of my shopping list are CrowdStrike (NASDAQ: CRWD) and UiPath (NYSE: PATH). Each company is deeply integrated with AI technologies and should have an excellent 2024.

CrowdStrike is a cybersecurity company, positioning it well in an important business trend. Cyberattacks are continuing to ramp up, and 2024 will likely continue this pattern. In 2022, Check Point Research found that cyberattacks increased by 38% over 2021's levels. As a result, cybersecurity spending should continue to increase, benefiting companies like CrowdStrike, which estimates its total addressable market will expand from $76 billion in 2023 to $158 billion by 2026.

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Source Fool.com