Author: John Ballard, The Motley Fool

These two fast growing names entered the year with wind in their sails that could see their stock prices rise further in 2024 and beyond.

Here are two highly profitable businesses that are already capitalizing on the explosive growth opportunity in AI.

Offering a perfect balance of growth and value, they’re both trading at discounted valuations.

It appears significantly undervalued from a long-term perspective and remains a promising investment opportunity.

Investing in these names while they’re small could fuel wealth-building returns.