There aren't too many stocks on the market that have gained 230,000% since their initial public offerings, especially without dividends and in less than 30 years. But the stocks that have done it are usually global giants that are settling down into value territory and starting up dividends.

If 2023 was a year of wonder about artificial intelligence, 2024 was the year to try to get that wonder to do something useful without breaking the bank.

Wall Street's top billionaires money managers have picked out their favorite AI stocks for the new year -- and Nvidia didn't make the cut.