The US stock market performed strongly in the first half of the year, especially in tech stocks related to artificial intelligence. In addition to the "Seven Sisters," there are some other tech stocks worth paying attention to. AMD is one of the brightest chip stocks this year, with its market share expected to continue growing. Micron Tech, as a leader in the memory industry, also has appeal. Furthermore, companies like Apple, Qualcomm, and Applied Optoelectronics are also worth watching. For investors, they can consider using the NASDAQ 100 ETF for positioning to achieve a better holding experience and a more balanced risk and return
The performance of the NASDAQ and S&P 500 indices in the first half of the year can be said to be leading globally, and more than half of the gains of these two indices can be attributed to the "Big Seven Sisters". Therefore, in recent days, friends have been asking me one after another, besides these companies with high gains in the first half of the year, what other "dark horses" in the US stock market are worth watching in the second half of the year?
In fact, most of the "Big Seven Sisters" are AI-related. Looking ahead, AI may also lead the global investment wave, so why not take a closer look at the AI field.
AMD. Chip stocks have undoubtedly been the most eye-catching in the global market this year. However, everyone's attention seems to be focused on the "number one in the universe", NVIDIA, overlooking the performance of other chip stocks. Recently, with the pullback of NVIDIA, funds have started looking for potential stocks in the second tier, and AMD has become a hot cake.
Analysts at Rosenblatt Securities wrote: The reason for being bullish on AMD instead of NVIDIA is partly because the latter's gains this year have reached a staggering level, and partly because the former currently holds a market share of 14%-16%, which is expected to continue to grow in the future with its MI3xx products and the development of the AI wave.
Micron Technology. As a leader in the memory industry, there has always been a saying in the industry: as long as you believe that the demand for AI accelerators will continue to grow, Micron's growth is very attractive.
Some institutions predict that the sales of US technology in the third quarter may reach 6.4 billion to 6.6 billion US dollars. Looking ahead, with the popularization of AI PCs, there may be more demand for HBM chips, and Micron will occupy around 23%-25% of the market.
In addition to the above two, the list also includes companies such as Apple, Qualcomm, and Applied Optoelectronics. Observant friends may have noticed that the institutions that are optimistic are almost all technology stocks, and most of them are holdings of the NASDAQ 100 ETF (159659). Therefore, if I were to choose, I might lean towards investing through index funds, not only for a better experience, but also for a more balanced risk and return.
Account: Jiancheng Notes