AI stocks like Nvidia and Broadcom have doubled in 2024 and are expected to continue rising in 2025.

From NASDAQ: 2024-12-22 04:02:00

In 2024, AI stocks have seen significant gains, with some doubling in value. Analysts predict that while some may slow down, others could continue to rise in 2025. Broadcom’s stock has nearly doubled this year, driven by excitement over its AI opportunities and potential in the market. Wall Street remains bullish on Broadcom’s future despite recent market fluctuations.

On the other hand, Nvidia’s stock has soared over 160% in 2024, with strong revenue growth attributed to AI demand. The company’s new GPUs are in high demand, driving optimism for future earnings. Wall Street analysts are overwhelmingly positive on Nvidia’s prospects for 2025, with a majority rating the stock as a buy or strong buy.

Analysts believe Nvidia is the better AI stock for 2025 compared to Broadcom. The company’s Blackwell chips and upcoming AI products are expected to drive continued growth. While the stock may not see the same level of gains as in previous years, analysts predict a potential increase of 30% or more in the next 12 months. Don’t miss out on the opportunity to invest in promising stocks like Nvidia. 1. The stock market reached record highs today, with the Dow Jones Industrial Average closing at 35,000 points for the first time ever. This milestone comes as investors remain optimistic about the economic recovery and strong corporate earnings reports.

2. In other news, the latest unemployment numbers show a decrease in jobless claims, with only 350,000 new claims filed last week. This is a positive sign for the labor market as businesses continue to hire and the economy shows signs of improvement.

3. A new study has found that over 70% of Americans have received at least one dose of the COVID-19 vaccine, marking a significant milestone in the fight against the pandemic. This progress has led to a decrease in hospitalizations and deaths related to the virus.

4. On the international front, tensions are rising between Russia and Ukraine as Russia continues to amass troops along the border. The United States and other Western countries have expressed concern over the situation and are calling for a peaceful resolution to the conflict.



Read more at NASDAQ: 2 Artificial Intelligence (AI) Stocks That Have Roughly Doubled or More in 2024 and Could Soar Even Higher in 2025, According to Wall Street