Over the last 15 months, stocks in the artificial intelligence (AI) space have gained significant traction, as investors and analysts have grown extremely bullish on this megatrend. According to a Statista report, the AI market is expected to widen to $827 billion by 2030, up from $136 billion in 2023, indicating a compounded annual growth rate of almost 30%. A rapidly expanding addressable market should allow the leaders in the AI race to grow sales and earnings at an enviable pace going forward. One AI-related tech stock that has surged 33% since the start of 2024 is Trane Technologies (TT)….