Buy alert: 2 AI stocks with ‘strong buy' ratings for August 2024

The excitement surrounding artificial intelligence (AI) has been a major driver of the stock market rally this year, with the market value of generative AI estimated to be around $1 trillion. AI’s potential to enhance productivity and transform industries such as marketing, healthcare, and manufacturing has fueled a surge in demand for leading tech companies. This surge has significantly boosted the stock prices of firms specializing in semiconductors and servers.In this context, Finbold analyzed the ongoin ...