الأربعاء, 08 كانون2/يناير 2025 03:59

AI Could Extend the Tech Rally

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Technology stocks are making a strong comeback, with the Nasdaq Composite and S&P 500 approaching record highs after their recent pullback. For those exploring artificial intelligence opportunities, stocks with reasonable valuations and solid growth potential remain attractive. 

 

Evercore strategist Julian Emanuel identifies promising options like Visa and Micron Technology, which leverage AI to enhance performance and competitiveness. Visa's adoption of AI-driven fraud prevention tools is expected to drive earnings growth of over 12% annually for the next two years. 

 

Similarly, Micron’s AI-related components, crucial for powering Nvidia’s chips, position the company for a 25% annual sales increase through 2026. 


Finsum: These examples highlight how AI can fuel profitability and create sustained momentum in select technology stocks.

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