Tech stocks like Nvidia, Taiwan Semiconductor, and ASML expected to rebound strongly in April.
From Yahoo Finance: 2025-03-31 07:00:00
The market is on the road to recovery, but tech stocks are lagging behind. Three stocks poised for a rebound in April are Nvidia, Taiwan Semiconductor, and ASML. Taiwan Semiconductor has seen revenue growth of 36% and 43% in January and February, respectively.
Nvidia is expected to report 65% revenue growth in its upcoming fiscal quarter. CEO Jensen Huang predicts a $1 trillion spend on data centers by 2028, benefiting Nvidia. ASML holds a monopoly on extreme ultraviolet lithography machines, crucial for chip production.
All three stocks are currently undervalued and present a buying opportunity. ASML anticipates reaching €44-60 billion in sales by 2030. Taiwan Semiconductor and Nvidia forecast significant revenue growth, making them strong long-term investments. Investors should consider these stocks amidst market uncertainties.
Now is the time to invest in these promising companies before it’s too late. Historical data shows significant returns on investments in companies like Nvidia, Apple, and Netflix. Don’t miss out on the chance to double down on these companies with strong growth potential.
Analyst Keithen Drury holds positions in ASML, Nvidia, and Taiwan Semiconductor. The Motley Fool recommends and has positions in ASML, Apple, Nvidia, and Taiwan Semiconductor. Consider these no-brainer stocks for a potential rebound in April.
Read more: 3 No-Brainer Stocks That Could Rebound Strongly in April