Investor enthusiasm for artificial intelligence stocks has propelled markets to new all-time highs in 2024. Unfortunately, the spectacular surge in a handful of leading AI technology stocks has also raised concerns among skeptics that the market could be overheating.
AI technology could be one of the most transformative advances in economic history. While its true impact is only beginning to make a mark on corporate financial statements, the long-term effect will likely be large. Skyrocketing prices of AI stocks reflect market expectations that may simply be unrealistically high, however.
Whether you’re already invested or are considering buying AI stocks, here are some things to keep in mind…
This post originally appeared at U.S. News & World Report.