2 Tech Stocks That Could Go Parabolic
Technology stocks have witnessed a volatile start to 2026, as evident from the flat performance of the Nasdaq Composite so far this year. Though tech stocks started the year on a positive note, they were in sell-off mode last week due to concerns about mounting capital expenses to support the buildout of artificial intelligence (AI) infrastructure.
Big tech stocks saw a whopping $1 trillion wiped off from their market cap last week. However, Morgan Stanley believes that tech stocks could rally once again, primarily driven by AI. Analysts at the investment bank point out that the revenue growth expectations for some of the biggest names in the tech industry are now at multi-decade highs. Moreover, the recent sell-off means that investors now have an attractive entry point into the sector.
That's why we are going to take a look at two tech names that are growing at an incredible pace -- IonQ (NYSE: IONQ) and (NYSE: CLS) -- and have the potential to go parabolic, rising rapidly in their stock price in a short period of time.
Source Fool.com
