History Says the Nasdaq Will Soar in 2025. My Top 10 Artificial Intelligence (AI) Growth Stocks to Buy Before It Does.

The Nasdaq Composite has been gaining ground for more than two years now. Its rise was driven by the dawn of artificial intelligence (AI), a U.S. Presidential election, declining inflation, and the beginning of long-awaited interest-rate cuts. After jumping 43% in 2023, the tech-focused index has gained 33% in 2024, as of this writing.Yet history suggests the market likely has further to climb. Going back to 1972 -- the first full year in which the Nasdaq traded -- in each year following gains of 30% or more, the tech-centric index has climbed 19%, on average, which suggests the rally could continue well into 2025.Recent advances in AI get at least part of the credit for investors' bullish sentiment. The economic impact of generative AI is expected to be as much as $15.7 trillion by 2030, according to Big Four accounting firm Price Waterhouse Coopers. This could result in a veritable profit windfall for the leading players in the field.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool