Meet This New AI Stock That Could Become a Wall Street Darling in 2025. It Has the Full Support of Nvidia and Trades at a Massive Bargain.
Many stocks performed well in 2024, but none better than those powered by artificial intelligence (AI). The technology fueled the bull market this year, with a few dozen stocks powering the S&P 500 (^GSPC -1.11%) to a roughly 27.5% gain (as of Dec. 26).After such a phenomenal run, many popular AI names are expensive, with investors betting that these companies continue to grow at high rates and that their markets only get bigger. A good AI play trading at a reasonable multiple is a rarity these days.However ...