Exploding interest in artificial intelligence (AI), driven by the launch of ChatGPT, has investors of all stripes rushing out to buy shares of tech companies with AI-related businesses. Last year, the Nasdaq Composite index shot 43% higher, thanks largely to the "Magnificent Seven," which did most of the heavy lifting.

The abbreviation "AI" means different things to different people, so picking stocks that will ride this undefined trend can be guesswork at best. As a result, individuals and institutions keep hurling cash at the Magnificent Seven while ignoring terrific growth stocks like the two below.

Image source: Getty Images.

Continue reading

Source Fool.com