Nasdaq NVDA Nvidia

A number of U.S. equities hedge funds focused on technology are set to post double-digit returns this year, boosted by a powerful rally in the Nasdaq and after being hard hit in 2022, according to performance numbers obtained by Reuters.

Broadcom (NASDAQ: AVGO) had more than the coming weekend to celebrate on Friday. The company's share price got a nice lift after a prominent bank reshuffled its top-stock picks in the semiconductor industry. With that at its back, Broadcom's shares closed more than 2% higher on a

Shares of Intel (NASDAQ: INTC) rose as much as 4.6% early Friday, then settled to trade up 1.7% as of 3:30 p.m. ET after the company announced a new generative artificial intelligence (AI) chip that could rival competitive offerings from Nvidia (NASDAQ: NVDA) and Advanced Micro D

Motorola Solutions, Inc. MSI recently announced that New South Wales State Emergency Services (NSW SES) has opted to deploy Motorola’s SmartConnect to enhance mission-critical radio communications infrastructure. Notably, earlier

The S&P 500 and the Dow were subdued in choppy trading on Friday after comments from a policy maker dampened recent optimism about potential rate cuts next year, though the benchmark index was set for its longest weekly winning streak in over six years.

The S&P 500 and the Dow were subdued in choppy trading on Friday after comments from a policy maker dampened recent optimism about potential rate cuts next year, though the benchmark index was set for its longest weekly winning streak in over six years.

Verizon Communications Inc. VZ announced that it has successfully completed the deployment of the Express Entry facility at the Bank of America Stadium, leveraging Verizon 5G Edge Accelerated Access. This deployment was a collabor

Dell Technologies DELL recently announced that CoreWeave has purchased thousands of its PowerEdge servers. This will offer enterprises served by CorwWeave with the computing capacity they require to utilize artificial intelligence

Buying and holding great companies for a long time is one of the best ways to make money in the stock market as this strategy allows investors to compound their investment, and also gain from secular growth trends or disruptive innovation that the companies they invest in may ben

The Fed set the stage for this year’s Santa Claus rally in mid-December after its latest FOMC meeting. U.S. stock markets have soared amid a clear indication from the central bank that the current interest rate hike cycle, which e

Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste

Perhaps no company epitomizes 2023's artificial intelligence (AI) boom more than Nvidia (NASDAQ: NVDA). Shares of the tech giant soared a whopping 230% as investors piled in based on optimism that rising demand for its advanced chips would boost revenue and earnings. Let's discus

In the current investment landscape, the focus has shifted from the FANG stocks, and a new set of influential stocks, known as the Magnificent Seven Stocks, has emerged. These stocks include Alphabet GOOGL, Apple AAPL, Amazon AMZN

Software titan Oracle (NYSE: ORCL) let some of its newer shareholders down recently with a disappointing report from its cloud computing segment. Shares fell about 10% immediately following the recent earnings update. For Oracle shareholders who have been around a while, though,

Tesla (NASDAQ: TSLA) stock has crushed the market so far this year. However, it's still down over 40% from its all-time high during a time when many other mega-cap growth stocks, like Microsoft, Apple, and Nvidia, are making new all-time highs.

The prospects for the technology sector are shaping well as the economy enters 2024 with cooling inflation, forecasts of several interest rate cuts, and improved consumer spending. To top this, the ongoing  artificial intelligence (AI) race continues to push tech firms to innovate new products, which appears to be promising for the expansion of the industry. Therefore, investors with a long-term investment horizon could consider investing in the tech sector.  Leveraging the TipRanks  Stock Screener tool, we have shortlisted stocks with the potential to outperform the market averages. These five stocks have received a Strong Buy rating from analysts and have an Outperform  Smart Score (i.e., 8, 9, or 10) on TipRanks. Moreover, the analysts’ price targets reflect an upside potential of more than 20%. Here are the five key stocks from the tech sector that investors can consider. Nvidia ( NASDAQ:NVDA ) – This software company manufactures computer graphics processors, chipsets, and related multimedia software. The stock’s price forecast of $661 implies a 36.7% upside potential. NVDA stock has a  Smart Score of “Perfect 10.” This week, two analysts rated the stock a Buy. Nice ( NASDAQ:NICE ) – NICE specializes in customer relations management software, AI, digital, and workforce engagement management solutions. Analysts currently see an upside potential of 28.6% in NICE stock. Also, it has a  Smart Score of “Perfect 10.” Smartsheet ( NYSE:SMAR ) –  The company designs and develops a cloud-based platform for work management. The stock’s price forecast of $55.21 implies a nearly 22% upside. SMAR stock has a top-notch Smart Score of “Perfect 10.” Following  upbeat Q2 results released on December 8, six analysts rated the stock a Buy. Braze ( NASDAQ:BRZE ) – Braze is a customer engagement platform that powers customer-centric interactions between consumers and brands. BRZE stock has an analyst consensus upside of 24% and a  Smart Score of nine. The company reported better-than-expected fiscal Q3 results on December 7, after which 15 analysts rated the stock a Buy. Axcelis Technologies ( NASDAQ:ACLS ) – Axcelis manufactures dry strips, ion implantation, and other processing equipment used in the fabrication of semiconductor chips. ACLS stock’s average price target implies a consensus upside of 29.8%. Moreover, it has an outperforming Smart Score of eight. Disclosure

The magnificent seven cohort of mega-cap growth stocks have loomed large for investors. They drove a significant portion of the impressive returns notched by broad market indexes. Big gains by  Apple, Alphabet (Google), Meta Platforms, Amazon.com, Nvidia, Microsoft, and Tesla are prompting market participants to wonder whether or not sequels are in store next. History [...] Read more at ETFTrends.com.

With 2023 drawing to a close, the time has come once again to take a longer look at what next year might bring. As part of VettaFi’s 2024 Market Outlook Symposium, Vettafi Vice Chairman Robert Huebscher sat down with Professor Jeremy Siegel to discuss. Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton [...] Read more at ETFTrends.com.

U.S. stocks ended firmer on Thursday, with the Dow Jones Industrial Average notching its second straight record high close, lifted by optimism that borrowing rates will decrease next year following a dovish pivot by the Federal Reserve.