Since early last year, stocks related to artificial intelligence (AI) have risen considerably. Consequently, investors who bought these companies during the 2022 bear market have undoubtedly benefited from massive returns.

However, some of these stocks have risen to elevated valuations. Unfortunately, such multiples have made these stocks risky to buy right now, despite considerable long-term growth potential.

Regarding these three stocks, investors may want to wait rather than buy under current market conditions.

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Source Fool.com