The benchmark S 500 has delivered a compound annual return of 10.4% since it was established in 1957 (assuming all dividends were reinvested). However, a handful of stocks within the index have already obliterated that return in 2024 on the back of their efforts in the artificial intelligence (AI) space.

Nvidia, for example, is up a whopping 162% this year alone, with Meta Platforms shares rising 42%, and stock climbing 30%. Keep in mind that it's only June!

Simply put, your portfolio has probably lagged the performance of the S 500 lately if it doesn't have exposure to those AI giants. But that doesn't mean you should pile into those popular names right now.

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Source Fool.com