Nvidia gained $2 trillion in value during 2024 and is now one of the biggest companies in the world by market cap.

Artificial intelligence continued to be a driving force behind stock market returns in 2024. Here are some of the stocks that have benefited the most.

Rather than focusing on quarterly earnings beats or temporary market sentiment, my investment strategy centers on identifying companies that can compound value over many years or even decades. While many view the current AI boom skeptically,

S&P 500 index notching a 23% gain. The broader market rose by over 53% over the last two years. A big reason for this incredible gain is artificial intelligence (AI). However, many AI stocks now trade at tall valuations because investors only see an expanding market for AI and expect AI companies to