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Megacap technology stocks are performing well in 2024, boosted by the rising effectiveness of artificial intelligence.
Fool.com contributor Parkev Tatevosian compares Nvidia (NVDA 2.53%) stock to Meta Platforms (META 2.05%) stock to determine the better AI stock to buy today.
*Stock prices used were the afternoon prices of July 13, 2024. The video was published on July 15, 2024.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, 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 Meta Platforms 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.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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