Positive.

From Nasdaq: 2024-06-14 06:08:00

Zacks.com recently featured stocks like NVIDIA Corp, Alphabet Inc., Netflix Inc., Coinbase Global Inc., and Micron Technology Inc. Fed Chairman Jerome Powell indicated only one rate cut of 25 basis points for 2024, instead of the previously hinted three cuts. NVIDIA reported a record first quarter with revenues hitting $26.04 billion, while Alphabet’s cloud division is boosting revenue growth. Netflix added 9.33 million paid subscribers in Q1 2024, and Coinbase Global is providing financial infrastructure for the crypto economy. Micron Technology is seeing increased demand for memory chips due to the growth of AI applications. All five companies have strong potential for this year and beyond according to Zacks’ analysis.

Read more at Nasdaq: The Zacks Analyst Blog Highlights Stocks recently featured in the blog include: NVIDIA, Alphabet, Netflix, Coinbase and Micron Technology