Nasdaq Rebound: 3 Stocks to Buy Before They Hit New All-Time Highs
The Nasdaq Composite index has rebounded after slumping in March, and three stocks are poised to hit new all-time highs: Nvidia, Microsoft, and Broadcom. These stocks are expected to benefit from their involvement in artificial intelligence and strong quarterly earnings reports.
The Nasdaq Composite index has rebounded after a slump in March. Three stocks are expected to hit new highs: Nvidia, Microsoft, and Broadcom. Nvidia is a leader in AI training and inference units, with expected revenue growth of 71% this year. Microsoft is delivering strong growth, with 17% revenue rise in its most recent quarter. Broadcom's custom AI chips business is expected to boom, with over $100 billion in revenue projected. These stocks are considered solid buys due to their involvement in AI and expected strong earnings reports.
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