Hopping on trends can be fun and even very profitable. This year, artificial intelligence stole the show and captured investors’ imaginations, causing them to pile into companies that signaled they were incorporating the technology into their businesses.
The AI hype sent stocks within the magnificent seven soaring: Nvidia (NVDA), Meta (META), Amazon (AMZN), Microsoft (MSFT), Apple (AAPL), Alphabet (GOOGL), and Tesla (TSLA) carried much of the S&P 500’s gains this year.
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