SYM - 3 Up-and-Coming Artificial Intelligence (AI) Stocks to Buy in 2024
2023-12-24 06:45:00 ET
Artificial intelligence was a hot field in 2023, leading to soaring stock prices for big-name tech names like Nvidia (thanks to its advanced chips) and Microsoft (thanks to its partnership with ChatGPT creator OpenAI). Investors who didn't buy these stocks before the AI frenzy drove up share prices may feel they've missed out.
Fortunately, plenty of up-and-coming tech firms provide new opportunities to benefit from the advent of AI, and 2024 is a good time to scoop up shares of some of these rising stars. Here is a trio of young tech companies well-positioned to deliver robust returns in the new year.
The transformative power of AI is particularly evident in Symbotic (NASDAQ: SYM) . The company specializes in providing warehouses with robotic workers managed by AI. These robots can process freight quickly, accurately, and safely alongside humans. And Symbotic's AI can continuously analyze and refine the work performed by the robots, routinely improving their efficiency.
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3 Up-and-Coming Artificial Intelligence (AI) Stocks to Buy in 2024