The past couple of years have been absolutely phenomenal for technology stocks, which is evident from the 90% gains clocked by the Nasdaq-100 Technology Sector index during this period, and artificial intelligence (AI) is one of the main reasons behind this outstanding surge.

Artificial intelligence (AI) stocks are some areas in the market where investors are looking for stocks that could go parabolic -- a status given to a stock because its price chart looks like a parabola, quickly increasing on the price axis in a relatively short time.

Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.

Cathie Wood is known for taking major positions in speculative opportunities, and three stocks in her portfolio may indicate a new pocket of AI that rarely is spoken about.

Looser regulatory restrictions and an increased focus on AI from the incoming presidential administration could be a boon to leaders in the space.