1 No-Brainer Artificial Intelligence (AI) ETF to Buy With $40 During the S&P 500 Bull Market

The S&P 500 (SNPINDEX: ^GSPC) has been soaring this year. It's up 28% with just one month of 2024 remaining, which is more than twice its average annual return since the index was established in 1957. The S&P 500 is weighted by market capitalization, so the largest companies in the index have a greater influence over its performance than the smallest. Therefore, its strong year is no surprise when you consider that shares of Nvidia (NASDAQ: NVDA) -- now a $3.3 trillion powerhouse -- have soared by 187% in 2024.But Nvidia wasn't the only trillion-dollar company to put up big returns this year. Meta Platforms and Amazon have logged gains of 65% and 38%, respectively. Investors who don't have exposure to those artificial intelligence (AI) giants in their portfolios have probably underperformed the S&P 500 by a wide margin in 2024.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool