From Nasdaq: 2024-06-29 04:15:00

The Nasdaq-100 index surged 18% in the first half of 2024, driven by excitement over AI. Nvidia and Arm Holdings led the charge, with stock prices skyrocketing 150% and 122%, respectively. While Wall Street is cautious about second-half prospects, Nvidia is expected to grow 33% annually through fiscal 2028 with a current PEG ratio of 2.1. Arm Holdings, on the other hand, faces a steep decline, with a PEG ratio of 5.7. Investors should carefully consider their investment options before diving in.



Read more at Nasdaq: 2 AI Semiconductor Stocks Surged 150% and 122% in the First Half of 2024. Wall Street Says 1 Could Crash in the Second Half