2023-12-04 06:59:00 ET
Artificial intelligence (AI) stocks have performed exceptionally well in 2023. Thanks to ChatGPT, many tech stocks have made a comeback from the 2022 bear market, and some of these companies hold the potential to leverage the benefits of AI into productivity gains and, by extension, stock price gains.
As the market moves into the holiday season, someone might wonder what AI stock could turn into a gift that continues to become more valuable. Instead of looking to the tech giants, investors should consider an emerging stock that could bring Santa visits to prospective investors for years to come.
If I were to gift an AI stock, Palantir Technologies (NYSE: PLTR) would be my choice. This pick might come as a surprise to casual observers, who know Palantir as the company that helped the CIA find Osama bin Laden, if they know the company at all.
For further details see:
If I Could Gift 1 Artificial Intelligence (AI) Stock This Holiday, It Would Be This One