Published on 11 Jan 2024 on Motley Fool via Yahoo Finance

2 Cathie Wood ETFs Can Help You Invest in Artificial Intelligence (AI) Stocks Like a Pro

Artificial intelligence (AI) was the dominant stock market theme of 2023. Nvidia (NASDAQ: NVDA) became the poster child for the technology, and its stock delivered a 239% return for the year, which led the S&P 500.

Nvidia already opened 2024 with an 8% gain, suggesting investors aren't done betting on AI. But investing in individual AI stocks can be risky. As with most new technologies, not every company in the space will survive -- nor will they deliver short- or long-term gains as significant as Nvidia's. For example, C3.ai is a popular AI stock that delivered a return of 156% in 2023, but it's still down 82% from its all-time high.

Here's the good news: You won't need a crystal ball to benefit from the value AI creates over the long term.