2 No-Brainer Stocks That Genius Investors Are Scooping Up Now
From NASDAQ:
Meta Platforms, the parent company of Facebook, has seen significant growth this year due to a rebound in advertising demand and increased monetization of its products. Billionaire investors are taking notice, with top holders offering cost-cutting suggestions, making this a stock to watch for potential gains in 2024.
Nvidia, a semiconductor company specializing in AI chips and GPUs, has outperformed Meta Platforms in 2023. With a revenue jump of 206% in the third quarter, it’s no surprise that big-name investors like Ken Griffin of Citadel are buying shares. The surge in demand for AI chips and limited competition make Nvidia a potential winner in 2024.
Read more: 2 No-Brainer Stocks That Genius Investors Are Scooping Up Now