Meta Platforms (NASDAQ: META)
Meta Platforms needs no introduction, being one of the largest social media companies that owns chat program WhatsApp, social media site Facebook, and video and picture sharing site Instagram. The company delivered an impressive performance for 2023 with revenue rising 16% year on year to US$134.9 billion. Operating profit leapt 62% year on year to US$46.8 billion while net...Artificial intelligence (AI) is the big buzzword this year that has ignited a rally in the NASDAQ Composite Index.
The bellwether technology stock index touched an all-time high just earlier this week after breaking past its record high back in 2021.
Investors are looking for scorching hot picks in the AI sector that could generate continued large capital gains.
It is important, however, to stick with companies with a solid track record and market position that can grow sustainably.
Here are four US growth stocks linked to AI that could help your portfolio sizzle in 2024 and beyond.
