1 Spectacular Artificial Intelligence (AI) Growth Stock Down 35% to Buy Hand Over Fist in 2024

By Parkev Tatevosian, CFA – Jan 20, 2024 at 4:01PM

NASDAQ: SYM

Symbotic

Market Cap

$4B

Today's Change

(1.62%) $0.64

Current Price

$40.19

Price as of April 26, 2024, 4:00 p.m. ET

The rising effectiveness of artificial intelligence is likely to fuel growth for several years industrywide.

Fool.com contributor Parkev Tatevosian highlights one growth stock that will benefit from the rising effectiveness of AI.

*Stock prices used were the afternoon prices of Jan. 18, 2024. The video was published on Jan. 20, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.