Top Picks from AI Stock Analyst for 2024

The world today was engineered to be ephemeral and noisy. This is a terrible combination for an investor.

On Twitter alone, there are 456,000 messages sent every minute. On Facebook, there are 510,000 comments posted every minute and 293,000 status updates. Outside of social media, there are 16 million text messages sent every minute and 156 million emails.

For an investor, the antidote to noise is quality stock analysis. Due diligence requires dozens of hours per equity, and it takes hundreds of hours every year to produce a free newsletter with quality analysis. My firm, the I/O Fund, strives to offer some of the team’s best analysis for free, and I believe the consistency and depth of what my firm provides for free is hard to replicate.

My firm offers this in the most challenging sector for investors, which is hands-down the tech sector. The tech sector is unusually difficult because it involves many different verticals – artificial intelligence, crypto, consumer, media, cloud, and more. It’s also the highest risk and highest reward sector in the market. Due to sudden price movements in both directions, the stakes are high. Perhaps I am biased, but quality analysis particularly in the tech sector can be hard to come by.

Below are highlights from my free analysis on Forbes during a strong year for AI and crypto. Although numerous investor favorites rose more than 100% during the year, many other popular tech stocks declined significantly. My firm offered our readers clues and insights for the leading stocks in AI semiconductors and software, providing unparalleled depth and quality to our free readers.

Nvidia to Surpass Apple’s Valuation

Right out the gate in 2024, I expanded on my highly regarded 2021 prediction that Nvidia would surpass Apple’s valuation within 5 five years; which at the time, this prediction was inconceivable as it would require not only Nvidia to go up more than 300%, but also for the tech leader Apple to plateau.