Looking at AI stocks? Go with Google, skip NVIDIA and Tesla, expert says

Jumping on the AI hype can be expensive, however, and Dhiab suggests sticking to the cheaper options at the start.

Earlier this week, the S&P 500 entered a bull market, meaning it was up 20 per cent from its low in October and the growth is largely on the back of 10 tech stocks that are riding the AI wave.

“I think investors are seeing the power of generative AI and all these new changes in technology that are happening and as a result are getting super, super excited about the players,” Hatem Dhiab, managing partner at Gerber Kawasaki Wealth and Investment Management, told BNN Bloomberg Thursday.

Jumping on the AI hype can be expensive, however, and Dhiab suggests sticking to the cheaper options at the start.