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The Nasdaq Composite ($NASX) has recovered from its bleak 2022 performance, thanks in large part to outsized gains in stocks with exposure to the booming artificial intelligence (AI) industry. More recently, though, the stock market's AI leaders of 2023 have turned into its laggards, pressured by macroeconomic concerns that have driven investors away from growth-dependent names - along with this week's AI-focused escalation in the tech war between the U.S. and China.
However, with the AI market still expected to grow significantly in the upcoming years, pullbacks in these stocks can be viewed as buying opportunities for investors with a long-term outlook. With this in mind, here are some highly rated stocks with significant upside potential that may be worth adding to your portfolio at current levels.