Yahoo Finance
Artificial intelligence (AI) stocks have been roaring higher over the past several years -- but one key concern interrupted the momentum several months ago.
Investors worried about the valuations of certain AI stocks, and this put the brakes on the rally.
On top of this, questions about the economy and geopolitical situation prompted investors to take a step away from these market movers and shakers.
But, in recent times, as valuation has come down, earnings have shown strength, and the overall market environment has improved, AI stocks have regained momentum.
This is great news, particularly for growth investors.
But one question remains: How much longer will this last? Billionaire Paul Tudor Jones, known for predicting the Black Monday crash of 1987, offered some insight in an interview with CNBC this week.
The hedge fund manager said this rally isn't over and could run for another year or two.
Jones told CNBC he recently added to his AI positions, though he didn't specify which stocks or assets he had purchased.
He also suggested that when this movement comes to an end, the decline could be significant.
Will AI create the world's first trillionaire?Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.Continue » This suggests there's still plenty of time to score an AI investing win.
With all of this in mind, which stocks should you buy now? Let's consider two that could soar in the near term and have what it takes to manage a future market pullback -- and go on to advance over time.
Microsoft(NASDAQ: MSFT)has lagged behind many of its big tech peers in recent times.
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