Here Is My Top Artificial Intelligence (AI) Stock to Buy During the Correction
Amid the recent correction in the S&P 500 and Nasdaq, some artificial intelligence (AI) stocks have plunged deep into bear market territory. In extreme cases, some stocks lost more than half their value within a few weeks.Such was the case for The Trade Desk (NASDAQ: TTD). With a strong performance in 2024 and a high valuation, an unforced error turned investors against the stock after it reported its fourth-quarter and full-year 2024 earnings.Nonetheless, the drop may have redefined the stock's value proposition. Considering the company's bright future and heavily discounted stock price, now is likely an excellent time to add shares.Continue reading
Amid the recent correction in the S&P 500 and Nasdaq, some artificial intelligence (AI) stocks have plunged deep into bear market territory. In extreme cases, some stocks lost more than half their value within a few weeks.
Such was the case for The Trade Desk (NASDAQ: TTD). With a strong performance in 2024 and a high valuation, an unforced error turned investors against the stock after it reported its fourth-quarter and full-year 2024 earnings.
Nonetheless, the drop may have redefined the stock's value proposition. Considering the company's bright future and heavily discounted stock price, now is likely an excellent time to add shares.
