This Artificial Intelligence (AI) Company Gained $2 Trillion in Value Last Year, and Wall Street Thinks It Could Be Headed Much Higher in 2025

This past year was another terrific one for technology stocks in particular. Tailwinds driven by artificial intelligence (AI) helped push the S&P 500 higher by 23%, while the Nasdaq Composite gained an impressive 29%.The "Magnificent Seven" stocks were among the year's top gainers in the market, and perhaps no other garnered more attention than semiconductor leader Nvidia -- which was the top-performing stock in the Dow Jones Industrial Average in 2024.Last year, Nvidia gained approximately $2.1 trillion in market capitalization -- the highest of any company. This propelled Nvidia to become one of the world's most valuable businesses. While Nvidia's current run could suggest that the stock is due for a pullback, Wedbush Securities technology analyst Dan Ives is calling for significantly more growth ahead for the AI darling -- and I agree. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool