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How 8 Top Artificial Intelligence (AI) Stocks Have Performed So Far In 2024
AI is the hottest industry in the investing world right now, but different companies have experienced wildly varying results this year
In the investing world, artificial intelligence (AI) has become a buzzword that lights up the eyes of many playing in stocks. The burgeoning new technology has some eying a rapidly growing market as a hotspot in which to potentially make money for years to come as new advances and uses are unveiled. Investors have been peeling their eyes trying to find what they believe are the best opportunities in AI companies, but how have some of the top stocks performed thus far in 2024?
The AI space was expected to generate approximately $196 billion in 2023. Incredibly, it’s projected that from there, it should have a compound annual growth rate of better than 37% until 2030. Key contributors to this should include these companies:
NVIDIA (NVDA): Current Price- $826.56
Growth Since January 1, 2024: +72%
The easy early choice for investing darling of 2024, NVIDIA had chewed through resistance to keep pushing higher and higher. Its success is largely built on boasting a large share of the market that…
