29.12.2024 15:37:00

Meet This New AI Stock That Could Become a Wall Street Darling in 2025. It Has the Full Support of Nvidia and Trades at a Massive Bargain.

Many stocks performed well in 2024, but none better than those powered by artificial intelligence (AI). The technology fueled the bull market this year, with a few dozen stocks powering the S&P 500 (SNPINDEX: ^GSPC) to a roughly 27.5% gain (as of Dec. 26).After such a phenomenal run, many popular AI names are expensive, with investors betting that these companies continue to grow at high rates and that their markets only get bigger. A good AI play trading at a reasonable multiple is a rarity these days.However, just a few weeks ago, a new AI stock joined the Nasdaq and could become a Wall Street darling in 2025. Better yet, it doesn't trade at an astronomic valuation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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