2 Top AI Stocks Ready for a Bull Run
Many artificial intelligence (AI) stocks had a strong run to close out 2023 and are still moving higher in 2024. In some cases, businesses are trading on hype. In others, the market is just now realizing the full potential of these investments. Super Micro Computer (NASDAQ: SMCI) and DocuSign (NASDAQ: DOCU) are two great stocks that fit into the latter category.
While these stocks may have had a strong run in 2023, they're slated to continue that bull run well into 2024.
Some investors may question if Super Micro Computer, often called Supermicro, is ready for a bull run. After all, the stock gained 246% in 2023 -- outperforming the AI king itself, Nvidia. Supermicro benefits from the same trends as Nvidia, making servers that house the graphics processing units (GPUs) Nvidia sells.
Source Fool.com
DocuSign Inc. Stock
Our community is currently low on DocuSign Inc. with 4 Buy predictions and 6 Sell predictions.
A slightly negative potential of -11.38% at a current price of 50.78 € for DocuSign Inc. is the result of a target price of 45 €.
