Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip

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Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip

Zacks09-09

September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four...

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martinho
·09-10
It's a trap. Nasdaq MU will continue to fall
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Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four...</p>\n\n<a href=\"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BD6J9T35.USD","symbol_name":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html","article_id":"2466939911","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/as5m4_sYhwbum22y4k2zVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d43cb7b76527c97c59494165d3dffeae"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466939911","pubTimestamp":1725885000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. 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Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  \nThe extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.\nThree such stocks are: Taiwan Semiconductor Manufacturing Company Ltd. TSM, Micron Technology Inc. MU and NetApp Inc. NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. \nIs Recession Nearby or a Knee-Jerk Expression? \nTheoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. \nSome soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. \nFinally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. \nSo far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. \nThree AI-Focused Stocks With Significant Price Upside\nTaiwan Semiconductor Manufacturing Co. Ltd.\nTaiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.\nTSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few. \nSolid Earnings Estimate Revisions for TSM Stock\nTSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nHuge Price Upside Potential for TSM Shares\nThe stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.\nImage Source: Zacks Investment Research\nMicron Technology Inc.\nMicron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.\nMicron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.\nStrong Earnings Estimate Revisions for MU Stock\nMU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.\nImage Source: Zacks Investment Research\nTremendous Price Upside Potential for MU Shares\nThe stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.\nImage Source: Zacks Investment Research\nNetApp Inc.\nNetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. \nNetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. \nRobust Earnings Estimate Revisions for NTAP Stock\nNTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nAttractive Price Upside Potential for NTAP Shares\nThe stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.\nImage Source: Zacks Investment Research\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNetApp, Inc. (NTAP) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":347892997099728,"gmtCreate":1725975786118,"gmtModify":1725975790200,"author":{"id":"3581643766897530","authorId":"3581643766897530","name":"martinho","avatar":"https://static.tigerbbs.com/f376700fba4e7f0e72ae4acf845d5452","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581643766897530","authorIdStr":"3581643766897530"},"htmlText":"It's a trap. Nasdaq MU will continue to fall","listText":"It's a trap. Nasdaq MU will continue to fall","text":"It's a trap. Nasdaq MU will continue to fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347892997099728","repostId":2466939911,"repostType":2,"repost":{"id":"2466939911","pubTimestamp":1725885000,"share":"https://ttm.financial/m/news/2466939911?lang=&edition=fundamental","pubTime":"2024-09-09 20:30","market":"us","language":"en","title":"Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2466939911","media":"Zacks","summary":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.The extremely overvalued artificial intelligence  stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.TSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few.","content":"<html><body><p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&amp;P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  </p>\n<p>The extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.</p>\n<p>Three such stocks are: <strong>Taiwan Semiconductor Manufacturing Company Ltd. </strong>TSM, <strong>Micron Technology Inc. </strong>MU and <strong>NetApp Inc.</strong> NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see <strong>the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here</strong>. </p>\n<h2>Is Recession Nearby or a Knee-Jerk Expression? </h2>\n<p>Theoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. </p>\n<p>Some soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. </p>\n<p>Finally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. </p>\n<p>So far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. </p>\n<h2>Three AI-Focused Stocks With Significant Price Upside</h2>\n<h2>Taiwan Semiconductor Manufacturing Co. Ltd.</h2>\n<p>Taiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.</p>\n<p>TSM is the largest manufacturer of <strong>NVIDIA Corp.</strong>’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to <strong>Advanced Micro Devices Inc.</strong> AMD and<strong> Intel Corp. </strong>INTC to name a few. </p>\n<h2>Solid Earnings Estimate Revisions for TSM Stock</h2>\n<p>TSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/u30VADam2vec.M1RcGDjzQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/4dd0e622d148cd62a25d04601ba507bc\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Huge Price Upside Potential for TSM Shares</h2>\n<p>The stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/ZB15PBNdTXGebrQZoWUozw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/a3b92fcc310f747b811525f6c940b0a3\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Micron Technology Inc.</h2>\n<p>Micron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.</p>\n<p>Micron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.</p>\n<h2>Strong Earnings Estimate Revisions for MU Stock</h2>\n<p>MU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/1zHWFkF5N_nMUX1Q32TpsQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e1821368c6fc204498debd190b2882cb\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Tremendous Price Upside Potential for MU Shares</h2>\n<p>The stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.</p>\n<p><img src=\"https://s.yimg.com/uu/api/res/1.2/congqZTSIdTxVUUQFq3NBw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/6e8cf3856fdd51726289bc7e2e836e20\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>NetApp Inc.</h2>\n<p>NetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. </p>\n<p>NetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. </p>\n<h2>Robust Earnings Estimate Revisions for NTAP Stock</h2>\n<p>NTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/kZRpH3mp02vhVKTFJfi0Sw--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/3dacd1e43a017861a97fa474b06cf247\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<h2>Attractive Price Upside Potential for NTAP Shares</h2>\n<p>The stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.</p>\n<p><img src=\"https://s1.yimg.com/uu/api/res/1.2/taP1usiTyLGZAXKJcse0AA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/zacks.com/e2b68efd378f35df84fb63b32fa13bd6\"/><br/><span>Image Source: Zacks Investment Research</span><br/></p>\n<p>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report</p>\n<p>Intel Corporation (INTC) : Free Stock Analysis Report</p>\n<p>Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report</p>\n<p>NetApp, Inc. (NTAP) : Free Stock Analysis Report</p>\n<p>Micron Technology, Inc. (MU) : Free Stock Analysis Report</p>\n<p>NVIDIA Corporation (NVDA) : Free Stock Analysis Report</p>\n<p>Taiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report</p>\n<p>To read this article on Zacks.com click here.</p>\n<p>Zacks Investment Research</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Golden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGolden Opportunity to Buy 3 AI-Focused Stocks on the Recent Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-09 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four...</p>\n\n<a href=\"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/as5m4_sYhwbum22y4k2zVQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d43cb7b76527c97c59494165d3dffeae","relate_stocks":{"IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","TSM":"台积电","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU1880398554.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) INC","BK4527":"明星科技股","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","BK4550":"红杉资本持仓","BK4526":"热门中概股","NTAP":"美国网存","COMP":"Compass, Inc.","BK4503":"景林资产持仓","03145":"华夏亚洲高息股","LU0823414551.USD":"BNP PARIBAS ENERGY TRANSITION \"C\" (USD) INC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","BK4551":"寇图资本持仓","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","2NVD.UK":"2X NVIDIA ETP","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","3NVD.UK":"LS 3X NVIDIA","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","IE00BFXG0V08.USD":"BNY MELLON GLOBAL LEADERS \"B\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","L":"洛斯公司","LU0143863198.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES\"AU\" (USD) ACC","MU":"美光科技","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","BK4529":"IDC概念","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/golden-opportunity-buy-3-ai-123000572.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2466939911","content_text":"September syndrome is already visible in U.S. stock markets. Historically, September is the worst-performing month for Wall Street. This year, too, the situation remains challenging. In the first four trading days of this month, the three major indexes — the Dow, the S&P 500 and the Nasdaq Composite — tumbled 2.9%, 4.2% and 5.8%, respectively.  \nThe extremely overvalued artificial intelligence (AI) stocks suffered the maximum brunt of a recent stock market meltdown. Despite the recent mayhem, the AI frenzy remains intact. So far, no negative news appears for the generative AI ecosystem. Therefore, this meltdown provides a lucrative opportunity to enter AI-centric stocks on the dip for near-term gains.\nThree such stocks are: Taiwan Semiconductor Manufacturing Company Ltd. TSM, Micron Technology Inc. MU and NetApp Inc. NTAP. All three stocks currently carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. \nIs Recession Nearby or a Knee-Jerk Expression? \nTheoretically a recession means contraction of GDP (negative GDP growth rate) for two consecutive quarters. The U.S. GDP grew at 1.4% in first-quarter 2024. The second reading of second-quarter GDP was 3%. On Sept 4, the Atlanta Fed GDPNow projected a 2.1% GDP growth rate for the third quarter. \nSome soft key economic data over a period of time never indicate a nearby recession. In fact, the Fed was eagerly waiting for these weak economic data, especially labor market data, along with a gradually declining inflation rate, in order to initiate a rate-cut regime. \nFinally, the recent AI turmoil is nothing but profit-taking, especially on the part of institutional investors. Stock markets consist of bull and bear operators. As bulls fly high, bears wait quietly for a suitable time and some reasons to be good enough for profit-booking so that they can reenter the market at a reasonably low level. \nSo far, this year, buy-on-the-dip remains the best investment strategy. Every dip in stocks, especially in AI-giants, has resulted in more aggressive returns in a short span. This time too, the same outcome will appear. \nThree AI-Focused Stocks With Significant Price Upside\nTaiwan Semiconductor Manufacturing Co. Ltd.\nTaiwan Semiconductor has become a new poster boy on the global artificial intelligence (AI) frenzy. TSM is the largest manufacturer of AI-based chipsets for the world’s best AI chipset developers. The company is experiencing solid demand for its advanced technologies, such as 3-nanometer (nm) and 5nm. TSM’s growing efforts to ramp up the production of 3nm and development of 2nm is a plus.\nTSM is the largest manufacturer of NVIDIA Corp.’s NVDA chipsets. NVIDIA is globally the largest developers of generative AI-based chips. TSM also caters to Advanced Micro Devices Inc. AMD and Intel Corp. INTC to name a few. \nSolid Earnings Estimate Revisions for TSM Stock\nTSM has an expected revenue and earnings growth rate of 23.6% and 24.5%, respectively, for the current year. The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nHuge Price Upside Potential for TSM Shares\nThe stock price of Taiwan Semiconductor has jumped 50.8% year to date. In the past month shares have fallen 4.7%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 25.1% from the last closing price of $156.82. The brokerage target price is currently in the range of $170-$250.\nImage Source: Zacks Investment Research\nMicron Technology Inc.\nMicron Technology has been benefiting from the enormous growth of AI applications that boosted demand for its high bandwidth memory chips. MU is a major producer of memory chips used in NVIDIA’s GPUs. MU is benefiting from improved market conditions, robust sales executions and strong growth across multiple business units.\nMicron Technology anticipates the pricing of DRAM and NAND chips to increase, thereby improving its revenues. The pricing benefits will primarily be driven by rising AI servers, causing a scarcity in the availability of cutting-edge DRAM and NAND supplies. Also, 5G adoption in IoT devices and wireless infrastructure will spur demand for memory and storage.\nStrong Earnings Estimate Revisions for MU Stock\nMU has an expected revenue and earnings growth rate of 57% and more than 100%, respectively, for the current year (ending August 2025). The Zacks Consensus Estimate for the current-quarter, current-year and next-year earnings has improved over the last 60 days.\nImage Source: Zacks Investment Research\nTremendous Price Upside Potential for MU Shares\nThe stock price of Micron Technology has advanced a meager 1.3% year to date. In the past month shares have fallen 6.2%. Despite this, the short-term average price target of brokerage firms for the stock represents a jump of 80% from the last closing price of $86.38. The brokerage target price is currently in the range of $100-$225.\nImage Source: Zacks Investment Research\nNetApp Inc.\nNetApp’s performance is being driven by demand across the all-flash and cloud storage portfolio. In the fourth quarter of 2024, all-Flash Array Business’ annualized revenue run rate was $3.6 billion, up 17% year over year. \nNetApp expects its expertise in tackling critical customer priorities, such as AI, business analytics, cloud transitions, data security and application modernization, to drive expansion. The enterprise storage products of NTAP will allow users to boost their workload including traditional enterprise applications and generative AI. \nRobust Earnings Estimate Revisions for NTAP Stock\nNTAP has an expected revenue and earnings growth rate of 4.9% and 8.8%, respectively, for the current year (ending April 2025). The Zacks Consensus Estimate for the current-quarter, next-quarter, current-year and next-year earnings has improved over the last 30 days.\nImage Source: Zacks Investment Research\nAttractive Price Upside Potential for NTAP Shares\nThe stock price of NetApp has climbed 29.6% year to date. In the past month shares have fallen 4.2%. Despite this, the short-term average price target of brokerage firms for the stock represents an increase of 13.3% from the last closing price of $114.18. The brokerage target price is currently in the range of $108-$155.\nImage Source: Zacks Investment Research\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nIntel Corporation (INTC) : Free Stock Analysis Report\nAdvanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report\nNetApp, Inc. (NTAP) : Free Stock Analysis Report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTaiwan Semiconductor Manufacturing Company Ltd. (TSM) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}