Zacks Investment Ideas feature highlights: AppLovin, Nvidia’s, Meta’s and MasTec
From Nasdaq: 2024-11-15 06:39:00
Top Stocks to Buy in November: APP and NTZ continue to soar as the stock market and bitcoin reach all-time highs post-Trump victory. Wall Street anticipates growth in technology, crypto, and infrastructure due to potential tax cuts and reduced regulations. Consider market-crushing stocks like AppLovin and MasTec for a strong finish in 2024.
AppLovin Corp., a leading AI-boosted company, has seen its stock surge 620% in 2024. With a focus on digital apps and AI technologies, AppLovin’s revenue has grown consistently, with a 316% increase in adjusted earnings year-over-year. Earnings estimates for FY25 have also skyrocketed, making it a Zacks Rank #1 stock.
MasTec, Inc., a key player in infrastructure construction, is thriving alongside energy transition and infrastructure spending trends. With a beat-and-raise third quarter, MasTec’s outlook is positive, backed by strong sales growth and earnings estimates. The stock has surged 1,600% in the past 20 years, making it a top investment choice.
Solar stocks are set to skyrocket as the industry transitions towards clean energy. Analysts predict solar to dominate renewable energy expansion, presenting a lucrative opportunity for investors. Explore Zacks’ solar stock recommendations for potential gains in this growing sector.
Read more at Nasdaq: Zacks Investment Ideas feature highlights: AppLovin, Nvidia’s, Meta’s and MasTec