Missed Out on Palantir's Run-Up? My Best Artificial Intelligence (AI) Stock to Buy and Hold.

Palantir Technologies (NASDAQ: PLTR) stock has been on a tearing run on the market in 2024, logging remarkable gains of 370% as of this writing. The rapid uptake of artificial intelligence (AI) software solutions by organizations and governments played a central role in this terrific surge.So, if someone bought just $100 worth of Palantir stock at the end of 2023, their investment would now be worth $470. However, if you're one of those who missed buying Palantir before its 2024 surge began and are skeptical of investing in the stock now because of its expensive valuation, there is a nice alternative to consider in the form of Taiwan Semiconductor Manufacturing (NYSE: TSM).Popularly known as TSMC, shares of this Taiwan-based foundry giant nearly doubled in 2024. The good part is that this semiconductor giant can still be bought at a reasonable valuation, and investors may want to do that right away, as the crucial role it plays in the chip industry could send it soaring in 2025 as well.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool