Top 5 AI Stocks for 2024

Published June 2nd, 2024 - 03:56 GMT
Top 5 AI Stocks for 2024
Top 5 AI Stocks for 2024

Artificial intelligence (AI) is becoming a more advanced field by the time. In the recent years, there have been a list of a growing AI companies that are involved in the stock market heavily.

If you are exploring about AI stocks and you have an interest in investing in them, in this article we will walk you through the top 5 AI stocks for 2024!


Top 5 AI Stocks for 2024: List


1. Nvidia.
2. Meta.
3. Amazon.
4. Arista Networks.
5. Palo Alto Networks.

1. Nvidia:

The first AI stock we will explore today is Nvidia. Nvidia is among the top 5 AI stocks for 2024, it is referred to as: (NVDA) with a market cap of: $2.70 trillion.

Nvidia was founded in 1993 in the USA. Its financial performance has always been surpassing in the market. The company is famous for generating well-known AI technologies like Google’s Brad and OpenAI’s ChatGPT.

Nvidia Current Stock Price: $1,095.

2. Meta:

Second on our list is: Meta. Meta is referred to as (META) and it enjoys a market cap of: $1.19 trillion.

Meta is the new name for Facebook! The company was founded in 2004 in the USA and the current CEO is Mark Zuckerberg.

The company own most famous platforms like: Oculus Metaverse, WhatsApp, and Instagram. Meta promotes the concept of the metaverse and virtual experiences in the social media sector and the market overall.

Meta Current Stock Price: $467.29.
 

Top 5 AI Stocks for 2024
Top 5 AI Stocks for 2024


3. Amazon:

Third on our list for the top 5 AI stocks for 2024 is: Amazon. Amazon is referred to as: (AMZN) with a market cap of: $1.84 trillion.

Amazon.com is a well-known leading 3-commerce platform. The company was founded in 1994 in the USA. Amazon has developed artificial intelligence, cloud services, and digital content streaming in the market and it is for sure one of the leading top 10 companies in the world now!

Amazon Current Stock Price: $176.44.

4. Arista Networks:

Arista Networks is referred to as: (ANET) with a market cap of: $93.27 billion.

Arista Networks specializes in providing hardware and software solutions for cloud computing and data centers. They design networks that can adapt and evolve alongside the advancements integrated within them.

Arista Networks Current Stock Price: $297.65.

5. Palo Alto Networks:

Last among the top 5 AI stocks for 2024 is: Palo Alto Networks. Palo Alto Networks is referred to as: (PANW), the company enjoys a market cap of: $95.47 billion.

Palo Alto is well-known cybersecurity specialized company. It provides security solutions for the networks and clouds that support AI initiatives.

Palo Alto Networks Current Stock Price: $294.85.

Artificial Intelligence (AI) stocks might look risky and unclear now but these companies are surely doing great in terms of stocks performance, investments, profits, and revenues.

It is important to do your own research and seek a good professional advice before you start your stock investment journey with AI companies.

In this article, we have walked you through the top 5 AI stocks for 2024. Enjoy the ride!

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