Fool.com contributor Parkev Tatevosian highlights one beaten-down artificial intelligence (AI) stock to buy for investors who feel it is too late to buy Nvidia (NASDAQ: NVDA) stock.

*Stock prices used were the afternoon prices of April 4, 2024. The video was published on April 6, 2024.

Should you invest $1,000 in Nvidia right now?

Before you buy stock in Nvidia, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

*Stock Advisor returns as of April 4, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Missed Out on Nvidia? Here’s 1 Spectacular Artificial Intelligence (AI) Stock Down 75% to Buy Instead was originally published by The Motley Fool