Investors should consider buying Advanced Micro Devices (AMD) and HubSpot stocks on the dip.

From Nasdaq: 2024-07-21 09:53:00

Investors seeking above-average returns should consider growth stocks like Advanced Micro Devices (AMD) and HubSpot, which recently pulled back off their highs. AMD, a leader in semiconductor technology, is trading 22% lower due to potential export control concerns, but with strong data center revenue growth, analysts project 43% earnings growth annually. Shares of HubSpot, a customer management software company, are down after Google parent Alphabet ended acquisition talks. Despite a slowdown in enterprise software spending, HubSpot’s revenue growth remains solid, offering investors a potential opportunity to capitalize on its recent dip.



Read more at Nasdaq: 2 Phenomenal Stocks to Buy on the Dip