These 3 Artificial Intelligence (AI) Stocks More Than Quadrupled in 2024. Here's the 1 Wall Street Likes the Most Now.

What's been the most important driver behind the continued bull market? A good case can be made that it's artificial intelligence (AI). Each member of the so-called "Magnificent Seven" stocks is heavily focused on AI. And those stocks led the way for the S&P 500's big gains in 2023 and 2024.But the biggest AI winners can be found outside of the Magnificent Seven. These three AI stocks more than quadrupled in 2024.Palantir Technologies (NASDAQ: PLTR) became one of the most heralded "Trump trades" in recent months. The company develops AI and data analytics software, with the U.S. government ranking as its biggest customer. Palantir's shares soared 340% last year with much of the gain coming after the election on Nov. 6, 2024. Many investors expect its sales to jump with the Trump administration prioritizing immigration enforcement, national security, and improving the efficiency of government agencies.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool