From Nasdaq:

1. 2023 saw Nasdaq Composite jump 43% as macroeconomic challenges eased. Historical data shows an average surge of 19% annually after a bear-market rebound. Nvidia and Amazon are poised to capitalize on growth trends in AI technology, with shares up 236% and a forward P/E multiple of 24 for Nvidia.
2. Amazon saw steady success, with a market cap of $1.55 trillion and a forward P/E ratio of 38. Its AI-focused investments in Anthropic and AWS could propel future growth in complex use cases for AI, considering it is a well-diversified blue-chip company with high potential for positive returns.



Read more: History Says the Nasdaq Will Surge in 2024: 2 Top AI Stocks to Buy Before It Does