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 Noticias

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: CNBC - 🏆 12. / 72 Leer más »

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.
Fuente: CNBC - 🏆 12. / 72 Leer más »

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.
Fuente: CNBC - 🏆 12. / 72 Leer más »

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.
Fuente: CNBC - 🏆 12. / 72 Leer más »