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.

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,

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.

The U.S. stock market ended 2024 on a high note, with the benchmark S&P 500 index up by 23.3%. That came on the heels of its 24.2% rise in 2023, so overall, the S&P was up by 53.2% since 2022 -- one of its best two-year stretches of the 21st century.

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.