2 AI Stocks I'm Going "All In" On In 2024
The S&P 500 recently hit a new all-time high, closing at 4,840 on Jan. 19 and officially entering bull market territory. Much of its growth over the last year can be attributed to a boom in artificial intelligence (AI), which has seen many tech stocks skyrocket. The sector has shown no signs of slowing.
Data from Grand View Research shows that the AI market is projected to expand at a compound annual growth rate of 37% until at least 2030, which would see the industry exceed a valuation of $1 trillion before the end of the decade. It's not too late to invest in this budding sector and profit from its long-term development.
So, here are two AI stocks I'm going "all in" on in 2024.
Source Fool.com
