AI Stocks to Buy in 2024

The article discusses the potential for artificial intelligence (AI) stocks to perform well in 2024. The author cites historical data showing that the Nasdaq Composite has gained an average of 19% in the year following a market rebound. The article highlights Palantir Technologies (PLTR) as a company that has benefited from the adoption of AI and could continue to do so in the future.

The author notes that Palantir has been around since 2003, when it was founded by PayPal co-founder Peter Thiel. The company initially focused on providing data analysis and intelligence services to government agencies, but has since expanded into the business sector. The author believes that Palantir’s expertise in AI could make it a compelling investment opportunity.

The article also mentions other AI stocks that could be worth considering, such as Compass (COMP) and PayPal Holdings (PYPL). It highlights the potential for these companies to benefit from the growing demand for AI technology in various industries.

Overall, the article suggests that investors may want to consider adding AI stocks to their portfolios in anticipation of continued growth in the sector.