A Nasdaq Bull Market Is Here: 3 High-Flying Stocks to Buy Now
A new bull market for the Nasdaq Composite Index has been in sight for several months. The wait is over. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market.
There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year. Some of them should have even more room to run. Here are three high-flying stocks to buy now.
Shares of Google parent (NASDAQ: GOOG) (NASDAQ: GOOGL) have soared close to 40% year to date. The primary catalyst behind this impressive gain can be summed up in two words: artificial intelligence (AI).
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 79 Buy predictions and no Sell predictions.
As a result the target price of 161 € shows a slightly positive potential of 3.38% compared to the current price of 155.74 € for Alphabet Inc. A.