1 Artificial Intelligence (AI) Stock Down 44% to Buy Hand Over Fist in 2024

By Parkev Tatevosian, CFA – Mar 16, 2024 at 8:45AM

NASDAQ: ACLS

Axcelis Technologies

Market Cap

$3B

Today's Change

(3.06%) $3.06

Current Price

$103.06

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

Artificial intelligence (AI) is undoubtedly the hottest investing trend in 2024.

Fool.com contributor Parkev Tatevosian has selected one artificial intelligence (AI) stock that is an excellent value at current prices.

*Stock prices used were the afternoon prices of March 13, 2024. The video was published on March 15, 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.