2 Top Artificial Intelligence (AI) Stocks to Buy Before the Nasdaq Soars Higher
From Nasdaq: 2024-06-08 08:45:00
The Nasdaq-100 index is thriving in 2024, up 10% thanks to AI and cloud computing demand. Deutsche Bank predicts a potential 19% rise due to favorable economic conditions. Nvidia’s remarkable 121% gains are driving the index higher, with revenue from AI chips soaring. Qualcomm’s 41% gains signal potential growth, especially in AI-powered smartphones and PCs. Analysts anticipate increased revenue and earnings for both companies, making them smart investment options.
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