From Nasdaq:

The recent high reached by the S&P 500 shows that we are in a bull market, making it a great time to invest in growth stocks. Now is the time to focus on AI companies, as the AI market is set to hit $2 trillion by 2030. Nvidia, with its dominant share in the AI chip market, is a clear leader in the industry and a great investment. Amazon is using AI to improve e-commerce efficiency and offer cloud computing services, making it another top AI stock to consider. Moderna and Medtronic are also investing in AI, with AI aiding in drug development and healthcare innovation. Lastly, Alphabet’s powerful new AI tool, Gemini, is set to enhance Google’s search capabilities, reinforcing the company’s leadership in the market. With these factors in mind, there are plenty of opportunities for investment in AI stocks in the current market.



Read more: My Top-5 AI Growth Stocks to Buy Hand Over Fist for 2024