These stocks are trading at attractive valuations relative to their history, especially in light of their opportunities in the artificial intelligence space.

As of the end of the second quarter, Meta had nearly 3.3 billion daily active users (DAUs). That's a huge advantage for the company in many ways, but consider this: Meta is in a position to introduce its AI-powered features to roughly 40% of the world's population.

Detailed price information for Super Micro Computer (SMCI-Q) from The Globe and Mail including charting and trades.

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Using Wall Street analysts' price targets to determine whether a stock is a buy or a sell isn't the best strategy. While it should help inform investors of how others think of the stock, it shouldn't be the be-all and end-all. One popular artificial intelligence (AI) stock that these analysts (on average) say to sell now is Palantir (NYSE: PLTR).

But on rare occasion, two hot trends vie for Wall Street's attention at the same time. In 2024, we've witnessed the artificial intelligence (AI) revolution and stock-split euphoria converge to lift the stock market's major indexes to record-closing highs.