These Are My 2 Biggest Winning AI Stocks in 2024: Here's What I Think About Them Now

Source The Motley Fool

In this video, Motley Fool contributor Jason Hall breaks down why Nvidia (NASDAQ: NVDA) and Taiwan Semiconductor (NYSE: TSM) have been his best-performing artificial intelligence stocks in 2024 and why activity at Advanced Micro Devices (NASDAQ: AMD), along with its CEO's expectations, are worth knowing.

*Stock prices used were from the afternoon of Dec. 17, 2024. The video was published on Dec. 17, 2024.

Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

  • Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $338,103!*
  • Apple: if you invested $1,000 when we doubled down in 2008, you’d have $48,005!*
  • Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $495,679!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of December 16, 2024

Jason Hall has positions in Nvidia and Taiwan Semiconductor Manufacturing and has the following options: short December 2024 $210 calls on Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Should You Buy XRP (Ripple) While It's Under $3?The XRP (CRYPTO: XRP) cryptocurrency is skyrocketing these days.After trading sideways or down for more than three years, the crypto formerly known as Ripple sprung to life in Nove
Author  The Motley Fool
3 hours ago
The XRP (CRYPTO: XRP) cryptocurrency is skyrocketing these days.After trading sideways or down for more than three years, the crypto formerly known as Ripple sprung to life in Nove
placeholder
Bitcoin Price Still Mirroring Bullish Move From 2023, What To Expect After Hitting $108,000 ATHCrypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000.
Author  NewsBTC
4 hours ago
Crypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000.
placeholder
The S&P 500 Recently Hit Another Record High. Should You Wait Until the New Year to Invest in It?In 2023, the U.S. stock market's most important index gained over 24%, and so far in 2024 it has gained over 26%.
Author  The Motley Fool
4 hours ago
In 2023, the U.S. stock market's most important index gained over 24%, and so far in 2024 it has gained over 26%.
placeholder
Crude Oil finds floor after surprise drawdown in US stockpilesOil prices are trading back around $70.00 after a surprise drawdown in US API data.
Author  FXStreet
4 hours ago
Oil prices are trading back around $70.00 after a surprise drawdown in US API data.
placeholder
MicroStrategy to pause Bitcoin purchases in JanuaryA rumor is spreading that MicroStrategy may stop selling stocks and issuing convertible debt in January, cutting off its usual Bitcoin funding sources.
Author  Cryptopolitan
4 hours ago
A rumor is spreading that MicroStrategy may stop selling stocks and issuing convertible debt in January, cutting off its usual Bitcoin funding sources.
goTop
quote