5 Must-Buy Soaring Tech Giants With More Upside in Near Term

The tech rally in 2023 was led by a massive thrust toward AI, especially generative AI. This theme continues to dominate Wall Street’s investment strategy in 2024. Year to date, out of the 11 sectors of the broad-market index the S&P 500 – technology, and its close resemblance, communication services – have rallied 7.7% and 9.5%, respectively.The benchmark itself has advanced 7.4% year to date. Moreover, the tech-heavy Nasdaq Composite has appreciated 8.9% in the same period. Grand View Research estimates t ...