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Cathie Wood named two AI stocks as top picks just a few months ago. Several of her Ark Invest ETFs have been selling both stocks so far this year.
AI stocks are likely to pick up from where they left off last year, remaining on a steady upward trajectory. Moreover, according to reports, we are still in the early stages of the monumental artificial intelligence (AI) revolution.
Alphabet and Meta Platforms are benefitting from a recovering ad market. Taiwan Semiconductor is a critical supplier of high-tech chips.
After witnessing some of the hottest software stocks skyrocket to dizzying valuations over the past few years, many investors wonder if opportunities remain in this high-flying sector. With sales multiples stretching well into the double digits for companies like Snowflake (NYSE: SNOW ) and Datadog (NASDAQ: DDOG ), I believe the easy money has already been made.
Top sectors are tough to pin down in advance. Far more often, we look backward at market performance to identify trends and top sectors.
Amidst a robust U.S. economy, pinpointing top ‘stocks to buy' becomes imperative for investors looking to leverage the current economic environment. February's forecast hints at a treat for the market, with the Biden administration's policies fueling historic job growth and a sturdy labor market.
Palantir Technology's growth is exploding thanks to high demand among corporations. Advanced Micro Devices (AMD) can do just fine playing second fiddle to Nvidia.
The U.S. economy is on a positive trajectory under the Biden administration's high-pressure approach. The country is seeing robust job growth and a historically strong labor market.
The International Monetary Fund says 40% of jobs will be changed by artificial intelligence. AI is already creating a titanic shift in the economy and stock market.
In an era of rapid tech advancement, the stock market is constantly explored for next-generation tech companies poised for exponential growth. Three standout players have captured attention with their phenomenal 10-year growth prospects.