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Are you looking to make smart investment decisions? Look no further! At Extreme Investor Network, we pride ourselves on providing unique and valuable information to help you navigate the complex world of investing. Today, we want to share with you some insight from Morgan Stanley about big tech-related stocks to consider buying ahead of earnings.
Nvidia: A Strong Contender in the AI Chipmaker Space
According to Morgan Stanley, Nvidia is a top pick due to its strong performance in the AI chipmaker space. Analyst Joseph Moore sees positive catalysts ahead that could drive share gains in the coming months. Demand for Nvidia’s graphic processing units remains high, especially in the data center business. With a potential beat to consensus for the April quarter and strong guidance expected, there is still plenty of upside for Nvidia despite its 77% year-to-date increase.
Keysight Technologies: Capitalizing on AI/ML Tailwinds
Keysight Technologies, an electronic test equipment and software company, is positioned to capitalize on the AI/ML tailwinds, according to the firm. With a diverse portfolio appealing to investors across various networks, Keysight is well-positioned for share gains. Despite being down around 7% this year, Morgan Stanley believes there is room for growth, especially with the upcoming earnings report in May.
Fortinet: Leading the Way in Cybersecurity
Morgan Stanley continues to be bullish on Fortinet, citing regulatory tailwinds and stable demand as key factors driving the stock. With strong bookings and a positive outlook for the second half of the year, Fortinet remains a solid pick in the cybersecurity space. Shares are up nearly 10% year-to-date, and the upcoming earnings report in May could further support its growth trajectory.
Dell and Apple: Strong Contenders in the AI and Tech Space
Morgan Stanley also highlights Dell and Apple as strong contenders in the AI and tech space. Dell’s AI server orders and expanding customer base show promising momentum, while Apple’s upcoming WWDC event could provide a boost post-earnings. Both companies present compelling opportunities for investors looking for exposure to the evolving tech landscape.
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