While the overall S 500 is up 19% year to date, a lot of those gains have come from just a handful of large tech stocks dubbed the "Magnificent Seven." These are Apple, , Microsoft, Amazon, Meta Platforms, Tesla, and Nvidia.

All of these companies have the ability to benefit from artificial intelligence, especially Nvidia and the large cloud-infrastructure platforms Microsoft, Amazon, and Alphabet. And since the tech sector was starting from a low point entering the year, it's perhaps not surprising these seven stocks have flourished.

But there are plenty more stocks to buy beyond these seven that will also benefit handily from AI. With many still trading below their all-time highs, they're great targets for continued AI gains in 2024.

Continue reading

Source Fool.com