Stocks

3 Top Artificial Intelligence Stocks to Outperform the Market in 2024

Published January 1, 2024

Following a year where the Nasdaq surged an impressive 40% in 2023, investors are keenly scouting for stocks that not only maintain the momentum but also provide exceptional returns. As we cast our eyes towards 2024, the focus is sharpening on the artificial intelligence (AI) sector, which is primed to capitalize on technological advancements and innovative applications.

Unlocking Growth with SentinelOne

Starting with cybersecurity expert SentinelOne, Inc. S, investors have an opportunity to back a company that stands at the forefront of AI-based security solutions. With its headquarters rooted in Mountain View, California, SentinelOne is an embodiment of both technological sophistication and market necessity, particularly in an era where cyber threats are relentlessly evolving.

Amazon: Beyond E-Commerce

Diversification is a hallmark of Amazon.com, Inc. AMZN, a tech juggernaut well-known for its dominance in e-commerce. However, Amazon's reach extends far into cloud computing, digital streaming, and particularly into artificial intelligence. As a member of the Big Five in the U.S. tech industry, Amazon leverages its AI prowess to enhance user experiences and streamline operations, solidifying its position as a global economic influencer and the world's most valuable brand.

Super Micro Computer's Server Supremacy

Super Micro Computer, Inc. SMCI takes the AI market lever to another echelon with its high-performance server and storage solutions. Focusing on an open, modular architecture, the San Jose-based company is adept at meeting the complex computing demands synonymous with AI and Big Data applications, fostering the grounds for robust growth as more sectors turn to advanced data analytics and machine learning technologies.

SentinelOne, Amazon, SuperMicro