Advances in artificial intelligence (AI) and the excitement around their potential drove the stock prices of some of the biggest companies in the world higher in 2024. But not every AI innovator was a big winner.

Artificial intelligence continued to be a driving force behind stock market returns in 2024. Here are some of the stocks that have benefited the most.

Rather than focusing on quarterly earnings beats or temporary market sentiment, my investment strategy centers on identifying companies that can compound value over many years or even decades. While many view the current AI boom skeptically,

Dan Ives believes Apple and Microsoft will be $4 trillion companies by the end of 2025. Apple CEO Tim Cook believes Apple Intelligence will usher in a new era for the iPhone. Microsoft's AI business is on track to generate $10 billion in revenue next quarter.

Palo Alto Networks must execute well in a competitive market. Learn why PANW stock’s pricey valuation leads to a cautious outlook until a better price is found.

As in 2023, investors were once again captivated by the potential of artificial intelligence (AI) in 2024. There would be no AI semiconductors at all without the extreme ultraviolet lithography (EUV) tools provided by ASML Holdings (NASDAQ: ASML),

Palo Alto Networks and CrowdStrike have emerged as leaders in artificial intelligence for cybersecurity applications. Both companies are capturing strong demand for new AI-powered threat detection and automated response capabilities.