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Is now the right time to invest in a top AI player? Let's explore the risks and rewards of buying this market darling in the fall of 2024.

Meta Platforms (NASDAQ:META) recently reached a record $1.5 trillion market value, seeing the value of its shares rise 66% in 2024 and 387% since early 2023. This incredible move has positioned the social media giant as a top growth stock investors continue to focus on as a long-term winner.

Some investors might be reluctant to chase those breakneck gains, but plenty of overlooked AI stocks could still go parabolic in the future. Let's take a look at three stocks that fit this description: Innodata (NASDAQ: INOD), MicroStrategy (NASDAQ: MSTR), and Lumen Technologies (NYSE: LUMN).