The S&P 500 Just Had Its Best Week of 2023. 2 Artificial Intelligence (AI) Stocks to Buy Before the Stock Market Rallies Further.
The S&P 500 has been in rally mode this year, and after a brief stumble, the upward trend has resumed. In the week ended Nov. 3, the widely followed index jumped nearly 6%, marking its best performance for any week so far this year.
Helping fuel those gains has been excitement about the potential of artificial intelligence (AI). While some companies have been basking in the limelight of their AI ambitions, others have been quietly toiling away in the shadows, preferring to let the results of their efforts speak for themselves.
The S&P 500 is now just 5% below its all-time high, and many believe it's poised to make a run for the record. Given the potential for additional gains, now is likely the best time to buy these AI stocks before the general market updraft and AI product revelations drive their shares higher.
Source Fool.com
