2 Top Tech Stocks That Could Make You a Millionaire
From Nasdaq:
The tech industry has been a reliable source of investor gains, with the Nasdaq-100 Tech Sector rising 135% since 2019. Innovation in tech keeps demand high for hardware and software upgrades. Berkshire Hathaway holds 45% of its portfolio in tech stocks, with a compound annual gain of nearly 20%.
Artificial intelligence (AI) is making waves on Wall Street, driving tech stocks up. AI has vast market potential in consumer products, cloud computing, autonomous vehicles, and more. The AI market is projected to grow 37% annually through 2030, reaching nearly $2 trillion.
Alphabet, home to brands like Android and YouTube, has seen revenue climb 90% over five years, with stock up 146%. Recent revenue surpassed expectations, with AI focus driving growth. Nvidia’s GPU dominance puts it at the forefront of supplying AI companies, with earnings up significantly as demand surged. Free cash flow is rising, making Nvidia a strong buy.
Read more at Nasdaq: 2 Top Tech Stocks That Could Make You a Millionaire