Buy stocks like Nvidia to cash in on the AI data center wave, Bank of America says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 72%

Breaking News: Investing Nachrichten

Weekend Brief,National Grid PLC,National Grid PLC

The firm said there's a slew of stocks that benefit from the AI and data center trend — and they have plenty of upside.

Bank of America highlighted a host of stocks that are worth snapping up — including a few names benefiting from the artificial intelligence and data center revolution. The firm said it likes companies with long-term upside potential.

Pro combed through Bank of America's research to find the best positioned buy-rated stocks. They include National Grid , Broadcom, Nvidia, Johnson Controls and Dycom Industries. Dycom Industries Analyst Alexander Waters is standing by shares of top pick Dycom. The engineering services company has a slew of positive catalysts in the pipeline, according to the firm. Waters said Dycom is a beneficiary of the government's Broadband Equity, Access and Deployment Program , which provides $42.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Bank of America offers a market hedge in case Nvidia earnings disappoint this weekNvidia's earnings report on Wednesday could spark a slide for a stock market that is still fragile from the sell-off earlier this month, according to BofA.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stocks like Nvidia are table-pounding buys, Bank of America saysStocks like Nvidia still have more room to run this summer, according to Bank of America.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

These high-quality small-cap stocks are a buy, Bank of America saysSmall-cap stocks that are high quality and inexpensively priced could provide a good hedge against future market volatility, according to Bank of America.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Nvidia’s earnings report makes us want to buy more of this industrial stockThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »