🚀Looking to Build a Focused Long-Term Portfolio on AI innovations?
As of November 11, 2024, there are 20 stocks show strength due to AI innovations, strong financial performances, and strategic growth across the tech, healthcare, and finance sectors.
Let's knowing more on @PortfolioParrot‘s Top 20 stocks for long-term portfolio:
Notes, PortfolioParrot on X is an analytical investor. He turned 3-year profits into 6 properties worth £538k.
Using 229 quantitative and qualitative data points, here are 20 one-liners and their trends about why these stocks look promising this week...
20. $Wal-Mart(WMT)$ : Walmart's e-commerce growth and strong Q3 FY25 results, with revenue up 5.2%, boosting investor confidence.
19. $Berkshire Hathaway(BRK.B)$ : Berkshire Hathaway's diverse portfolio and Warren Buffett's strategic investments continue to drive growth.
18. $Autodesk(ADSK)$ : Autodesk's 11% revenue growth to $1.51B and positive industry demand, especially in architecture and engineering sectors.
17. $Novo-Nordisk A/S(NVO)$ : Novo Nordisk's significant sales growth driven by diabetes and obesity medications, with raised revenue guidance.
16. $Qualcomm(QCOM)$ : Qualcomm's expected 50% increase in Snapdragon 8 Gen 4 shipments and positive AI trends in smartphones and PCs.
15. $TransUnion(TRU)$ : TransUnion's double-digit earnings growth and strategic expansions in technology are driving its turnaround.
14. $Visa(V)$ : Visa's strong Q4 performance, with 8% YoY growth in payments volume and 22% growth in value-added services.
13. $Cisco(CSCO)$ : Cisco's 30% stock price increase since August 2024, driven by strong demand for AI-related products.
12. $Arista Networks(ANET)$ : Arista Networks' $340M network project win and strong Q3 2024 earnings potential with expected EPS of $2.08.
11. $Eli Lilly(LLY)$ : Eli Lilly's 42% revenue growth in Q3 2024, driven by strong sales of diabetes and obesity drugs.
10. $Advanced Micro Devices(AMD)$ : AMD's Q3 2024 revenue growth of 18% to $6.8B, with $4.5B projected revenue from AI chips.
9. $UnitedHealth(UNH)$ : UnitedHealth's 9.2% YoY revenue growth in Q3 2024, driven by expansion in Optum and UnitedHealthcare.
8. $Alphabet(GOOG)$ : Alphabet's 15% YoY revenue growth to $88.3B, with 35% surge in cloud division boosting profitability.
7. $Apple(AAPL)$ : Apple's record Q4 revenue of $94.9B, a 6% YoY increase, driven by new product launches and services growth.
6. $Taiwan Semiconductor Manufacturing(TSM)$ : TSMC's 89.8% stock surge in the past year, with a 36% revenue increase to $23.5B in Q3 2024.
5. $Broadcom(AVGO)$ : Broadcom's strong AI demand and $12B projected AI revenue for fiscal 2024.
4. $Meta Platforms, Inc.(META)$ : Meta's 19% revenue growth and 35% net income increase, with significant investments in AI technology.
3. $Amazon.com(AMZN)$ : Amazon's 52% YoY EPS growth and 11% revenue increase to $158.9B, driven by AWS performance.
2. $Microsoft(MSFT)$ : Microsoft's revenue increased by 16% to $245.1B, with Azure cloud revenue growing 22% to $38.9B.
1. $NVIDIA Corp(NVDA)$ : NVIDIA's 173% stock rise in 2024, fueled by AI chip dominance and inclusion in the Dow Jones.
How many of these stocks do you hold?
Which ones are you looking to buy?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- highhand·11-14I hold 9 stocks... [smile]LikeReport
- RandyHall·11-14Power in AILikeReport