Tech stocks like Broadcom, NVIDIA, Amazon, and Arista Networks show growth potential

From Nasdaq: 2025-01-24 02:13:00

The S&P 500 is on track for new highs driven by AI optimism, with tech stocks leading the rally. Stocks like Broadcom, NVIDIA, Amazon, and Arista Networks are ideal investments with positive earnings revisions and Zacks Rank of 1 or 2. Trump’s $500 billion investment in AI infrastructure further boosts the market.

AI continues to drive market optimism, with NVIDIA’s success inspiring tech companies to explore AI capabilities. The global AI market is projected to reach $243.7 billion this year. Stocks like Broadcom, NVIDIA, Amazon, and Arista Networks show growth potential, with strong earnings growth rates and positive Zacks Ranks.

Broadcom Inc. is solidifying its presence in the AI chip market with impressive growth in Ethernet AI solutions and Accelerators business. NVIDIA Corp. is a standout success story in the semiconductor industry, with expected earnings growth of over 100%. Amazon.com, Inc. dominates e-commerce and cloud computing markets, with an expected earnings growth rate of 82.4%. Arista Networks, Inc. offers cloud networking solutions for data centers with an expected earnings growth rate of 26.4%.

Invest in Zacks’ top semiconductor stock, positioned for growth in AI, Machine Learning, and IoT. Global semiconductor manufacturing is projected to reach $803 billion by 2028. Download 7 Best Stocks for the Next 30 Days for the latest recommendations from Zacks Investment Research. See stocks like Amazon, NVIDIA, Oracle, Broadcom, and Arista Networks for free stock analysis reports.



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