From NASDAQ.: 2024-05-03 06:00:00

Today’s Full Court Finance episode dives into key stock market levels post-Jay Powell’s speech. They highlight strong stocks like Arista Networks, Uber Technologies, and Shopify ahead of earnings. The bulls fought back post-Fed pop, hitting S&P 500 and Nasdaq near their 21-day moving averages. Market timing uncertainties shouldn’t deter investors from these tech stock options. Arista Networks reported a strong financial performance in Q1 2024, positioning itself among the top networking infrastructure providers. With over 8,000 cloud customers worldwide and strong growth projections, the stock is a strong buy opportunity ahead of its upcoming quarterly results. Uber Technologies posted its first full-year profit in 2023, expanding its ride-hailing and delivery businesses. With solid revenue growth projections and a strategic focus on its autonomous vehicle future, Uber remains a strong buy option for investors. Shopify is a leading e-commerce infrastructure provider, focusing on seller support over consumer needs. Despite slowing growth, the company’s commitment to profit expansion makes it a solid investment option for those interested in the e-commerce space. Bitcon is projected to have another significant surge in the near future, continuing its trend of high returns for investors over the past three presidential election years. With past returns reaching as high as +302.8%, Bitcoin remains a lucrative asset class for investors seeking high returns.



Read more at NASDAQ.: 3 Strong Stocks to Buy in May and Hold