Cathie Wood's 3 Best Artificial Intelligence (AI) Stocks This Year: Are They Good Picks for 2024?
When the history books are written, 2023 could go down as a turning point for artificial intelligence (AI). Multiple companies rolled out impressive AI chips, large language models, and AI applications.
Cathie Wood stands out as one big winner from the AI explosion. Her Ark Invest exchange-traded funds (ETFs) have been and still are heavily invested in many high-flying AI stocks. Here are Wood's best AI stocks this year -- and whether or not they're good picks for 2024.
There's no surprise about which AI stock is Wood's best performer in 2023. Nvidia's (NASDAQ: NVDA) shares are on track to end the year up close to 230% thanks to soaring demand for the company's graphics processing units (GPUs).
Source Fool.com
