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Best AI Stock 2024: Nvidia Stock vs. Amazon Stock

By Parkev Tatevosian, CFA – Jan 10, 2024 at 6:00AM EST

Many companies will be vying for the title of best artificial intelligence stock in 2024.

Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA +6.24%) and Amazon (AMZN 8.35%) across several financial metrics to determine the best AI stock for investors to buy.

*Stock prices used were the afternoon prices of Jan. 7, 2024. The video was published on Jan. 9, 2024.

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About the Author

Parkev Tatevosian, CFA
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.
TMFParkev
X@TMFParkev

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Nvidia. 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 Stock Quote

Nvidia

NASDAQ: NVDA
$182.61 (+0.06%) $+10.73
Amazon Stock Quote

Amazon

NASDAQ: AMZN
$204.13 (0.08%) $18.56

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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