Reported 6 months ago
The Nasdaq Composite index has surged with a 43% gain in 2023 and a 14% increase in 2024, driven by the AI trend. Despite high share prices, some AI-powered companies like Nvidia and Meta Platforms are reshaping industries and can be smart picks for retail investors. Nvidia's immense growth in data center revenue and Meta's focus on personalized content driven by AI make them compelling investments. Nvidia's recent stock split enhances accessibility, while Meta's dominance in digital advertising positions it well for retail investors even amidst uncertainty about expenses.
Source: YAHOO