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7 Generative AI Stocks That Are Worth Picking Up NOW
Investor Place· 2024-08-13 16:57
Artificial intelligence may very well take over the world. However, like anything in the market, excessive hype can push valuations ahead of the sector. That appears to have been the case recently regarding the tech sector meltdown. Suddenly, the CBOE Volatility Index or VIX screamed higher, indicating fear in the market. But that could present a viable opportunity for generative AI stocks.As Bloomberg mentioned earlier this year, the entire generative AI ecosystem could be worth $1.3 trillion by 2032. Acco ...
The 3 Best Augmented Reality Stocks to Buy in August 2024
Investor Place· 2024-08-10 12:00
As we advance further into the digital age, augmented reality (AR) continues to emerge as a pivotal technology reshaping numerous industries. The AR market is ripe for significant growth. Industry analysts predict a surge in demand for AR applications as both enterprises and consumers recognize its potential to enhance user experiences and operational efficiencies.The AR market was valued at $57.26 billion in 2023 and is projected to grow at a CAGR of 39.8% until 2030. The growth is expected to be driven by ...
ADBE Stock Analysis: Is Adobe Massively Undervalued?
Investor Place· 2024-08-09 11:30
Despite the AI-dominated tech rally over the past year, Adobe (NASDAQ:ADBE) has been a laggard in the industry. The stock is down by more than 11% year-to-date and 3.0% over the past twelve months. The sell-off in Adobe’s stock stems from its high valuation as concerns about its ability to sustain growth remain a huge question mark. Adobe’s fundamentals are solid and the company remains the industry standard for creative professionals. It also shows real profitability from generative AI, something not every ...
5 Dividend Blue-Chip Bargain Buys For This Market Downturn
Seeking Alpha· 2024-08-09 11:00
andresr Today, I want to highlight five kinds of blue-chip investing ideas for this market downturn. High-yield Deep value High growth Ultra SWAN quality Lowest PEG ratio Charlie Bilello The market might not have fallen into a correction, but that doesn't mean there aren't incredible blue-chip bargains available. Charlie Bilello But when the VIX hits the 3rd highest level ever recorded, you likely will regret not buying now. Charlie Bilello VIX of 65 is consistent with 100% or more returns within five yea ...
2 Unstoppable Tech Stocks to Buy Without any Hesitation
The Motley Fool· 2024-08-03 12:53
These software stocks are leaders in their spaces and are leveraging artificial intelligence to stay ahead.The tech sector remains a popular source of investing ideas due to the fast-paced growth often seen by the best companies. Not all tech stocks are winners, but identifying companies with strong financials, consistent results, and bright futures is key for investors looking for long-term, market-beating results.These two software companies offer compelling investment opportunities because of their marke ...
Adobe Stock Analysis: Why Investors May Want to Wait for the Fall to $500
Investor Place· 2024-08-01 19:36
Amid the choppiness on Wall Street, tech darlings are in the spotlight this earnings season. Similarly, the leading software company Adobe (NASDAQ:ADBE), known for its products like Photoshop, Illustrator and Acrobat, has also been volatile.ADBE stock reached multi-year highs of $638 in early February but its year-to-date (YTD) performance has raised eyebrows. ADBE stock ended July at $551.65, with over a 7.5% YTD decline. The stock has underperformed the iShares Expanded Tech-Software Sector ETF (NYSEARCA: ...
Get Your Money Out of These 3 AI Stocks by 2025
Investor Place· 2024-07-31 17:52
On July 24, the stock market showed its first signs of instability this year. The Nasdaq composite dipped 3.6% in one day due to a broad selloff of the tech industry. This type of investor behavior was likely due to some form of institutional, advanced knowledge or realization that the broader stock market and tech sector may truly be overvalued. As a result, a few major artificial intelligence stocks stumbled slightly from the reminder that the rally experienced over the last year in the stock market may n ...
Q3's Rising Stars: 3 Tech Stocks for Your Must-Watch List
Investor Place· 2024-07-29 18:56
Tech stocks have consistently been in the spotlight over the past couple of years, driving the bulk of the market’s bullish rally with remarkable advancements in AI, in particular, fueling innovation and growth. As we move further into Q3, tech stocks are expected to remain highly popular, bolstered by the sector’s robust growth despite the still somewhat shaky macroeconomic environment.For this article, I have picked three tech stocks that I think investors should watch closely. These companies are growing ...
3 High-Flying Tech Stocks Facing Valuation Concerns
Investor Place· 2024-07-26 13:22
It’s been a hot summer for much of the country, but it’s getting frosty if you’re in the technology sector. Traders are starting to rotate out of overvalued tech stocks as they believe that lower interest rates may make some other sectors more attractive. Does that mean the tech trade is over? It wouldn’t seem so, but earnings season will be critical as traders pick winners and losers. Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) took down the entire tech sector even though, in the case of ...
Adobe Systems (ADBE) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-07-25 22:50
The most recent trading session ended with Adobe Systems (ADBE) standing at $532.15, reflecting a +0.21% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq lost 0.93%. Shares of the software maker witnessed a gain of 0.45% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.41% and the S&P 500's loss of 0.26%. Investors will be eagerly watching ...