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Artificial intelligence (AI) investing is still one of the best growth stories in the market. The amount of money flowing into this space is incredible, and with the results that many companies have announced recently, it's clear that this success will be ongoing for some time.
Finding stocks that can double in a reasonable time frame is a smart investing strategy. I'm not talking about finding stocks that can double in under a year, as there is more luck than anything in that approach.
While it's important for investors to keep a balanced portfolio, you can't afford to overlook tech stocks in this market. Tech stocks are the muscle behind U.S. markets these days, accounting for 34% of the makeup of the entire S&P 500.
TSMC surged to record highs after Taiwan confirmed the chip giant is exempt from new US tariffs, thanks to its massive US investments. Samsung shares rose as Apple announced it will source innovative chips from Samsung's Texas factory, boosting US-based semiconductor production.
The U.S. government collected nearly $30B in tariff revenue last month, a 242% increase in tariff revenue compared to July 2024. Volatility caused by trade uncertainty and projected interest rate cuts has caused the financial sector to return -2.8% over the past month, per Seeking Alpha data. The volatility has created an opportunity to buy the dip on stocks with strong fundamentals primed for ...
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