Rosenblatt Securities is looking toward the second half of the year for investors. Despite inflation proving stickier for longer, Rosenblatt analysts say the current trend for price pressures is "positive for equities." The firm explored where investors can find growth in the next six months of 2023, with tech and artificial intelligence stocks making up the bulk of their list.
mountain Both AMD and Nvidia have benefited from the explosion in artificial intelligence so far this year. Rosenblatt is also bullish on stock in crypto firm Galaxy Digital . With a buy rating and an $8 per share price target, the firm is forecasting about 25% upside from Monday's close $6.38 close on the Toronto Stock Exchange. "At a 20% discount to book value, GLXY's current valuation provides a margin of safety for investors seeking allocation to crypto," the note said.