AI stocks like Nvidia, Apple, and Amazon expected to rebound in second half of 2024

From Yahoo Finance: 2025-06-22 18:10:00

Artificial intelligence (AI) stocks have the potential to soar in the second half of 2024, following a recent dip. Nvidia, Apple, and Amazon are expected to lead the way in this resurgence. Despite concerns about tariffs impacting the tech sector, Nvidia has rebounded with strong earnings and investments in U.S. manufacturing.

Apple has faced challenges due to tariff threats and production issues, causing its stock to drop. However, this could be a buying opportunity as the company works on diversifying manufacturing. Positive news could boost Apple’s stock in the future, given its strong competitive advantage in the smartphone market.

Amazon has seen a slight decline in performance but remains well-positioned to weather any potential tariff impact. The company’s revamped cost structure and growth in AI through AWS are positive indicators for its future growth. With events like Prime Day coming up, Amazon’s revenue could see a boost in the second half of the year.

Investors should consider the growth potential of AI stocks like Nvidia, which may offer significant returns in the long term. The Motley Fool’s Stock Advisor team has identified 10 top stocks for investors to buy, excluding Nvidia. With a history of market-beating returns, Stock Advisor offers valuable insights for investors looking to maximize gains in the market.



Read more at Yahoo Finance: Which AI Stocks Are Set to Soar in the Second Half?