Summary: Zacks Research Daily highlights positive outlook for NVIDIA, Microsoft and Broadcom.

From Nasdaq: 2024-10-22 16:51:00

The Zacks Research Daily highlights new reports on major stocks including NVIDIA Corp. (NVDA), Microsoft Corp. (MSFT), and Broadcom Inc. (AVGO), as well as micro-cap Comstock Holding Companies, Inc. (CHCI). NVIDIA’s revenues expected to grow at a CAGR of 46.4% through fiscal 2025-2027, benefitting from AI and accelerated computing. Microsoft’s net sales predicted to grow 12.8% in fiscal 2025. Broadcom sees strong demand for networking products with AI revenues expected to reach $12 billion in fiscal 2024. Comstock, a microcap company, records strong revenue growth of 11% year over year driven by high demand for premium properties.



Read more at Nasdaq: Top Stock Reports for NVIDIA, Microsoft & Broadcom