Forget the "Fab Four": These 3 Artificial Intelligence (AI) Stocks Are Magnificent Buys Today

In the current bull market, a handful of technology companies are dominating the action on Wall Street. This group became known as the "Magnificent Seven." In 2024, some of those seven names are falling behind. Today, the remaining resilient high-flyers -- Nvidia, Amazon, Meta Platforms, and Microsoft -- are referred to by some as the "Fab Four."

Now might not be the time to continue piling into those same few winners. After all, they are sitting on huge gains already. Instead, three Motley Fool contributors think you might want to consider shaking things up with a fallen angel like (NASDAQ: TSLA), an up-and-comer like CrowdStrike (NASDAQ: CRWD), or even a lottery ticket-like stock such as Lemonade (NYSE: LMND).

Will Healy (Tesla): One way to find affordable artificial intelligence (AI) stocks is to look for companies that have fallen out of favor for other reasons than their AI connections. Tesla fits that description. The company sold about 11% fewer electric vehicles (EVs) than it built in the first quarter, and rumors that it had canceled its plans for a lower-cost Model 2 have also weighed on the stock.

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Source Fool.com