3 Best Artificial Intelligence Stocks This Year

By Mahima January 23, 2024

Turning Point of AI 

When the history books are written, 2023 may be recorded as a turning point for artificial intelligence (AI). 

AI Applications

Many companies launched impressive AI chips, large language models, and AI applications. Like ChatGPT and Bard AI

Cathie Wood

Cathie Wood has emerged as a big winner from the AI explosion.


Their Ark Invest exchange-traded fund (ETF) was and still is heavily invested in several high-flying AI stocks. 


Shares of Nvidia (NASDAQ: NVDA) are on track to end the year up nearly 230% due to surging demand for the company's graphics processing units (GPUs).

Meta platform

Meta Platform (NASDAQ: META ) shares are up 190% as 2023 approaches. This has been the best performance of the meta so far.

Palantir Technologies

Palantir Technologies (NYSE: PLTR) ranks as Wood's No. 3 Best AI Stock of 2023. Shares of the software maker are poised to end the year up close to 170%. 

Are they good choices for 2024?

All three of Wood's biggest AI winners this year could also do well in 2024. However, Palantir is probably the weakest link among the group.