Tech Giants Including Apple and AMD May Experience Strong Performance as 'AI Laggard' Trade Reemerges

Tuesday, 9 July 2024, 10:15

Investors anticipate a resurgence in the 'AI laggard' trade strategy, potentially leading to significant returns for tech stocks like Apple and AMD by the end of 2024. Analysis by Melius Research indicates a promising outlook for these companies following a period of slower growth earlier in the year. The reemergence of this strategy signals opportunities for investors seeking growth in the tech sector.
CNBC
Tech Giants Including Apple and AMD May Experience Strong Performance as 'AI Laggard' Trade Reemerges

Tech Giants on the Rise

Stock market analysts predict a positive trend for major tech players like Apple and AMD.

'AI Laggard' Strategy

The 'AI laggard' trade focuses on companies poised for growth after a period of stagnation, offering potential returns to investors.

Apple and AMD are prime examples of companies expected to benefit from this strategy.

  • Investors anticipate strong performance
  • Potential for significant returns by year-end

Opportunities abound for investors seeking growth in the tech sector.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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