Three AI stocks saw gains over 4x in 2024, with Palantir, MicroStrategy, and Soundhound AI leading.

From Nasdaq: 2025-01-20 05:48:00

The bull market has been driven by artificial intelligence (AI), with the “Magnificent Seven” stocks leading the way. Three other AI stocks saw gains of over 4x in 2024, including Palantir Technologies, MicroStrategy, and Soundhound AI.

Palantir’s stock soared 340% in 2024, driven by its AI and data analytics software. MicroStrategy’s shares skyrocketed 359% due to its Bitcoin strategy. Soundhound AI’s stock jumped 836% after strong Q3 results and revenue diversification.

Analysts are divided on the future of these AI stocks in 2025. Palantir and Soundhound have bearish price targets, while MicroStrategy is expected to rise by 42%.

Investors are urged not to miss out on potential opportunities with “Double Down” stock recommendations. Past picks like Nvidia, Apple, and Netflix have shown massive returns, and three new companies are being highlighted for future growth.



Read more at Nasdaq: These 3 Artificial Intelligence (AI) Stocks More Than Quadrupled in 2024. Here’s the 1 Wall Street Likes the Most Now.