2 Soaring Nasdaq Stocks I'd Buy Now With No Hesitation

The U.S. stock market has been in an impressive bull rally for the past year and a half, despite a slowing economy, high inflation, and mounting geopolitical pressures. The technology-heavy Nasdaq Composite index posted a remarkable 43% gain in 2023, driven mainly by the artificial intelligence (AI) trend. The trend seems to have persisted, and the Nasdaq Composite is up by 14% so far in 2024.Investors may now feel uncomfortable picking up high-flying Nasdaq stocks after such an exceptional rally. However, some of these AI-powered companies are dramatically reshaping industries with their technological innovations and can be smart picks for astute retail investors even at elevated share prices. Here's why Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) fit the bill.It's no surprise that semiconductor giant Nvidia is on this list. With its comprehensive portfolio of cutting-edge CPUs, GPUs, and superchips (GPUs + CPUs), a robust software ecosystem, and strong partnerships with technology titans, the company emerged as one of the major beneficiaries of the ongoing AI boom.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Zum vollständigen Artikel