Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA -0.77%) and IBM (IBM 0.65%) to determine which is the best AI stock to buy in 2024.
*Stock prices used were the afternoon prices of Jan. 6, 2024. The video was published on Jan. 8, 2024.
Free Article
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
Best AI Stock 2024: Nvidia Stock vs. IBM Stock
By Parkev Tatevosian, CFA
–
Jan 9, 2024 at 6:00AM
NASDAQ: NVDA
Nvidia
Market Cap
$4.6T
Today's Change
(-0.77%) -$1.45
Current Price
$187.44
Price as of October 3, 2025, 3:59 p.m. ET
Nvidia has already experienced a surge in revenue due to AI, and IBM could follow.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool recommends International Business Machines. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
Nvidia
NVDA
$187.44
(-0.77%)
$-1.45
International Business Machines
IBM
$288.59
(0.65%)
$1.87
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
My 6 Top-Ranked Stocks to Buy Now in October (2025)!
Nvidia's Stock Is Up Over 1,100% Since 2023. Is It Too Late to Buy?
Nvidia Stock vs. Palantir Stock: Wall Street Says Buy One and Sell the Other
3 Blue Chip Stocks That Have Soared 380% (and Higher) Over the Past 5 Years
History Suggests 1 Trillion-Dollar Artificial Intelligence (AI) Stock Makes for a No-Brainer Buy, While Another Is Treading in Dangerous Territory
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.