The Nasdaq Just Hit Correction Territory. Here Are 5 Stocks You'll Regret Not Buying Right Now.

Core Viewpoint - The current correction in the Nasdaq Composite presents an opportunity for investors to buy stocks at lower prices, particularly in the AI sector, which is expected to continue thriving despite market fluctuations [1][2]. Group 1: AI Hardware Providers - Nvidia and Broadcom are highlighted as key beneficiaries of the ongoing investment in AI hardware, with Nvidia's revenue expected to reach $204 billion in 2023, driven by strong AI demand [4][5]. - Nvidia's GPUs are essential for training AI models and handling inference, positioning the company to benefit from increased capital expenditures by major tech firms in 2025 [5]. - Broadcom is also poised for growth, with a projected market opportunity for its custom-designed XPUs estimated between $60 billion and $90 billion by 2027, alongside a trailing-12-month revenue of $55 billion [6][7]. Group 2: AI Hyperscalers - Major tech companies such as Amazon, Alphabet, and Meta Platforms are investing heavily in AI infrastructure, supported by their robust core businesses [9][10]. - Amazon's cloud computing segment, AWS, contributes significantly to its operating profits, accounting for 58% over the past year, making it a strong player in the AI space [11]. - Alphabet and Meta Platforms leverage their advertising revenues to fund AI investments, with both companies generating substantial cash flow from their various platforms [12][13]. Group 3: Investment Strategy - The recent market sell-off has made stocks of these companies more affordable, presenting a favorable entry point for long-term investors [13][14]. - From a forward price-to-earnings perspective, many of these stocks are considered attractive and represent a good buying opportunity during the current market conditions [14].