Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA +4.98%) and IBM (IBM 0.06%) 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.
Best AI Stock 2024: Nvidia Stock vs. IBM Stock
By Parkev Tatevosian, CFA – Jan 9, 2024 at 6:00AM
NASDAQ: NVDA
Nvidia
Market Cap
$4.7T
Today's Change
(4.98%) $9.54
Current Price
$201.03
Price as of October 28, 2025 at 3:59 PM 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.