Reported 2 days ago
The Nasdaq Composite has enjoyed a significant rally in 2024 with over 110 new all-time highs, spurred by positive trends in AI adoption and improving economic conditions. Investors foresee a potential 19% additional growth in 2025, mainly driven by tech companies like Broadcom, which recently completed a stock split. Broadcom's diverse semiconductor and software offerings position it well for growth, especially in the booming AI sector, leading analysts to recommend it as a strong buy despite a premium valuation.
Source: YAHOO