The Best Artificial Intelligence Stock to Buy: Palantir vs. Nvidia vs. TSMC

Comparing the Top AI Stocks in 2024

Fool.com contributor Parkev Tatevosian recently compared three top artificial intelligence (AI) stocks to determine which is the best investment option in 2024. The three companies in focus are Palantir Technologies (NYSE: PLTR), Nvidia (NASDAQ: NVDA), and Taiwan Semiconductor Manufacturing (NYSE: TSM).

According to Tatevosian’s analysis, investors looking to capitalize on the AI market should consider the strengths and growth potential of each company before making a decision. Palantir, Nvidia, and TSMC are all leaders in the AI industry, but each offers unique opportunities for investors.

*Stock prices used were the afternoon prices of Feb. 27, 2024. The video was published on Feb. 29, 2024.

Should you invest $1,000 in Palantir Technologies right now?

Before diving into Palantir Technologies or any other AI stock, it’s essential to consider the advice of experts. The Motley Fool Stock Advisor analyst team recently revealed their top picks for investors to buy now, and Palantir Technologies didn’t make the cut. The recommended stocks have the potential to deliver significant returns in the years to come, outperforming the broader market.

Stock Advisor has a proven track record of beating the S&P 500 since 2002, providing subscribers with actionable investment advice and regular stock picks. Don’t miss out on the next big opportunity.

Read more about the 10 best stocks recommended by Stock Advisor here.

*Stock Advisor returns as of February 26, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia, Palantir Technologies, and Taiwan Semiconductor Manufacturing. 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.

Best AI Stock: Palantir Stock vs. Nvidia Stock vs. TSMC Stock was originally published by The Motley Fool

LEAVE A REPLY

Please enter your comment!
Please enter your name here