Tech stocks like Cadence Design Systems, Nvidia, Arista Networks, Microsoft, and Meta expected to go on sale in 2025

From Nasdaq: 2024-12-31 02:15:00

Zacks Investment Ideas feature highlights Cadence Design Systems, Inc. (CDNS), Nvidia (NVDA), Arista Networks (ANET), Microsoft (MSFT), and Meta (META). Tech stocks are expected to go on sale in early 2025 after a massive rally in 2024. Investors should watch key levels for strong stocks to capitalize on future market pullbacks. The Nasdaq dropped 1.5% recently, signaling a potential correction. Long-term investors should monitor key levels like the 50-day and 200-day moving averages for buying opportunities.

Cadence Design Systems, Inc. stock has seen significant growth over the years due to its essential software for semiconductor companies. With a projected revenue growth of 13% in 2024 and 2025, Cadence remains a strong player in the industry. Despite trading at a premium, it presents a potential entry point for investors in 2025.

Arista Networks is a key player in client-to-cloud networking, focusing on AI and big data environments. With a strong relationship with tech giants like Microsoft and Meta, Arista Networks has seen rapid revenue growth and is projected to continue expanding. The stock, which recently completed a stock split, offers a potential buying opportunity for investors.

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Read more at Nasdaq: Zacks Investment Ideas feature highlights: Cadence Design Systems, Nvidia, Arista Networks Microsoft and Meta