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Why the Nasdaq's Artificial Intelligence (AI) Rally Could Be Just Getting Started: 2 Best Growth Stocks to Buy [Globe and Mail, The (Toronto, Canada)]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
Amazon is the cloud computing leader and has its own custom chip business. The "Great Rotation" out of growth and artificial intelligence (AI) stocks and into value stocks has proved to be short-lived, and the tech-heavy Nasdaq Composite index is once again leading the market's charge upward. There has been some nervousness around the conflict with Iran and AI infrastructure spending, but the technology looks like it is still in its early stages. AI models are only getting better, and agentic AI is still in its infancy. Although the infrastructure hardware sellers are getting much of the buzz, I think two of the companies doing a lot of the spending are well positioned to be huge AI winners over the long haul. That's why I would be buying Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) and Amazon (NASDAQ: AMZN) right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the criti
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