Missing out on Nvidia's rally? Well, you’re probably missing these stocks as well

  • Investing.com
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Missing out on Nvidia's rally? Well,  you’re probably missing these stocks as well
Credit: © Reuters.

Are you not participating in NVIDIA's (NASDAQ: NVDA ) remarkable surge?

The frontrunner in AI technology saw its stock rise by over 14% in pre-market today, thanks to impressive quarterly results, beating Q4 expectations and raising its outlook. This growth was fueled by a surge in demand for chips driven by AI advancements, mitigating the impact of the U.S. chip export restrictions to China.

Nvidia's stock has experienced a remarkable increase of over 55% year-to-date and 239% throughout 2023, consistently outperforming Wall Street expectations for the last five quarters.

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Nvidia isn't the only success story within our strategies. Take Enphase Energy (NASDAQ: ENPH ), for example, which is part of our Tech Titans strategy. Its stock has risen over 20% since the beginning of this month.

Similarly chosen by our AI at the beginning of the month, Allegro Mycrosystems is up 24% since and appears poised to keep soaring.

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