Nasdaq in bull market, predicted to climb 139%, Alphabet and Roku are recommended stocks.

From Nasdaq: 2024-07-04 05:12:00

The Nasdaq Composite entered a bull market in December 2022, soaring by 76% due to interest in AI. Historical data suggests it may climb by another 139% in the next 22 months. Google’s parent company, Alphabet, dominates digital advertising, with Google forecasted to capture 27.4% of global digital ad revenue in 2024. Google Cloud is also growing, making Alphabet a solid investment. Roku is the leading streaming platform in the U.S., benefiting from a surge in connected TV ad spending. Its recent financial results have been strong, and a partnership with The Trade Desk could drive further growth. Wall Street expects Roku’s sales to rise by 12% annually through 2027, making it a potential outperformer on the stock market.



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