Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA -2.25%) and IBM (IBM -0.62%) 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.
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Best AI Stock 2024: Nvidia Stock vs. IBM Stock
By Parkev Tatevosian, CFA
–
Jan 9, 2024 at 6:00AM
NASDAQ: NVDA
Nvidia
Market Cap
$3,288B
Today's Change
(-2.25%) -$3.09
Current Price
$134.25
Price as of December 13, 2024, 4:00 p.m. ET
Nvidia has already experienced a surge in revenue due to AI, and IBM could follow.
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.
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