The Motley Fool, a renowned financial publication, has recently highlighted three exceptional Artificial Intelligence (AI) stocks worth considering for investment in 2024. According to Fool.com contributor Parkev Tatevosian, these stocks have the potential to deliver impressive returns.
In the article titled 3 Spectacular Artificial Intelligence (AI) Stocks to Consider Buying Hand Over Fist for 2024, Tatevosian presents an analysis of these stocks and sheds light on their investment prospects. It’s important to note that the stock prices used for reference were from the afternoon of January 23, 2024, while the video discussing these stocks was published on January 25, 2024.
The article begins by mentioning Advanced Micro Devices (AMD), a prominent player in the tech industry. However, the Motley Fool Stock Advisor analyst team, known for their astute stock recommendations, did not include AMD in their list of the ten best stocks for investors to buy now. Although this might cause some hesitation, it’s crucial to remember that the ten stocks that did make the cut have the potential to generate substantial returns in the coming years.
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Parkev Tatevosian, a Chartered Financial Analyst (CFA), discloses that he does not hold any positions in the mentioned stocks. The Motley Fool, however, does have positions in and recommends Advanced Micro Devices, Microsoft, and Nvidia. As for Tatevosian’s affiliation with The Motley Fool, he may be compensated for promoting their services. Should readers choose to subscribe through Tatevosian’s link, he would earn some additional money that supports his channel. It’s worth clarifying that his opinions remain unbiased and unaffected by The Motley Fool.
Considering the information provided by The Motley Fool and their reputation as a trusted financial source, it would be prudent for investors to further research and carefully evaluate these AI stocks before making any investment decisions. The rapid advancements in AI technology make this sector an intriguing area for potential growth. Investors should always aim for a diversified portfolio and consult with their financial advisors to determine their individual risk tolerance and investment goals.