Artificial intelligence (AI) is the hottest technology of 2023, with many stocks in the emerging industry absolutely surging year to date:
- Nvidia stock has soared 220%.
- C3.ai stock has skyrocketed 261%.
- Tesla stock has jumped 165%.
- Microsoft stock has gained 44%.
But last year was a different story; many of these names suffered steep declines — in some cases of 50% or more — which is a reminder that big gains typically come with a higher degree of volatility. So what’s the best way for investors with a more conservative risk profile to get involved in AI stocks?
This post originally appeared at The Motley Fool.