Wedbush predicts 25% increase in tech stocks by 2025 due to AI growth
From Investing.com: 2024-12-31 04:46:27
Wedbush analysts predict a 25% increase in tech stocks by 2025, citing a potential Trump presidency and a more AI-friendly environment in Washington as driving factors. Concerns around Fed policies and China tensions may cause volatility but present buying opportunities. Nvidia, Microsoft, Palantir, and Tesla are among top picks for the AI revolution.
Software is crucial for AI growth, with expanding use cases and enterprise adoption on the rise. Palantir and Salesforce are highlighted as top software plays. Nvidia’s AI hardware dominance is pivotal for the sector’s growth, leading the way in the $2 trillion+ AI spending trend. Cloud giants like Microsoft and Google are expected to shape the next phase of the AI Revolution.
Read more at Investing.com: Wedbush lists top 10 tech winners for the ‘AI revolution into 2025’ By Investing.com