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Artificial intelligence (AI) stocks are still popular in 2024, as investors remain bullish about the AI megatrend that's expected to attract billions of dollars in investments in the upcoming decade. While the headlines are dominated by Big Tech companies such as Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL), there are several other AI stocks flying under the radar, some of which are positioned to deliver game-changing wealth for shareholders in 2024 and beyond.
Two popular AI-powered software stocks are UiPath (PATH) and Unity Software (U). Both stocks are part of Cathie Wood’s flagship Ark Innovation ETF (ARKK) - and PATH is the No. 5 holding, in fact, at over 6% of the ETF's weight. Meanwhile, U is the No. 11 ARKK holding, at 3.27%. For investors looking to buy the dip on these Cathie Wood stocks, let’s see which is a better buy right now.