AUR - 2 AI Stocks Up Over 100% This Year That I Would Still Buy
2023-07-27 11:23:00 ET
When OpenAI's ChatGPT inspired a heated public discussion of artificial intelligence (AI) and generative AI tools, it also lit a fire under many AI-related stocks. Some have raced faster and higher than they should have, setting the overvalued stocks up for a sharp price correction over the next year or two.
But there's a flip side, too. A couple of AI stocks have doubled year to date -- and I think they look like tremendous buys even after that dramatic rush.
So let me show you why I want to buy more Duolingo (NASDAQ: DUOL) after a 108% gain in 2023, and why Aurora Innovation (NASDAQ: AUR) strikes me as an interesting new idea even with a seven-month tailwind of 145% at its back.
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2 AI Stocks Up Over 100% This Year That I Would Still Buy