This year might go down in the annals of investing as the year of artificial intelligence (AI) stocks. The explosion of interest in AI lit a fire beneath several stocks, including some of the biggest names in the market.

Many of these AI stocks racked up their biggest gains earlier in the year but have slowed down more recently. However, one of Cathie Wood's favorite AI stocks is skyrocketing late in the year. Is UiPath (NYSE: PATH) a no-brainer buy right now?

We don't have to guess that UiPath is one of Wood's favorite AI stocks; we can know for sure. The Ark Invest CEO has made it abundantly clear in public statements that she really likes the stock. For example, in October she spoke at CNBC's Financial Advisor Summit and identified UiPath as one of her top AI picks.

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Source Fool.com