"Few forces have played a bigger role in the current bull market than the rise of artificial intelligence (AI). Generative AI holds the promise of improved productivity and creative breakthroughs with far-reaching impacts across industries. So far, a handful of companies have emerged as primary beneficiaries, while investor excitement around AI's potential has pushed the valuations of other companies considerably higher."
"With many AI stocks rallying into the end of the year, many investors may be wondering if they've missed the boat. Fortunately, there are still numerous AI-related companies trading at attractive valuations. Three stocks have recently seen pullbacks in their stock prices, making them no-brainer buys right now. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Image source: Getty Images."
Artificial intelligence has become a primary driver of the current bull market, with generative AI promising productivity gains and creativity across industries. A small group of companies has emerged as the main beneficiaries, while investor enthusiasm has elevated many valuations. Despite year-end rallies, several AI-related companies still trade at attractive valuations after recent pullbacks. Three specific stocks experienced price declines that make them compelling buys based on growth potential and prevailing uncertainty. Meta Platforms' advertising business has notably improved from AI enhancements, with ad revenue rising 26% last quarter due to higher price per ad and increased impressions, aided by AI targeting and creation tools.
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