Artificial intelligence (AI) stocks have generated tremendous growth for investors over the past few years. This period represented the early part of the AI boom, as large language models were trained, fueled by powerful chips, and we began to see the potential of AI. Investors rushed to get in on shares of these companies, aiming to bet on technology that would reshape industries and our daily lives. Over the past year, however, investors have become more cautious about AI stocks. As tech giants from Amazon to Alphabet spend hundreds of billions of dollars on an infrastructure build-out, investors question whether this spending is sustainable and worthwhile considering the future revenue opportunity. This sentiment has weighed on AI stocks this year, causing ups and downs for some and even declines for others. But this moment of uncertainty also means that certain high-quality AI stocks, ones with bright long-term outlooks, are now trading at reasonable or even cheap valuations. With this in mind, let's check out one of these once-in-a-decade buying opportunities. Here's one AI stock to buy before it soars 60%, according to Wall Street.
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