Buy These Stocks Before 2024: Top Stocks To Buy Before The New Year According to Cathie Wood of Ark!

#stocks #stockmarket #stockstobuy

Get ready to dive into the tech world because we've got three stocks that are about to break into the big leagues and join the leaderboard alongside the Magnificent 7! 🚀💻

First up, we've got the powerhouse Advanced Micro Devices (NASDAQ:AMD). Known for stealing market share from giants like Intel, AMD is gearing up to enter the artificial intelligence (AI) chip race dominated by Nvidia. With the announcement of its MI300x GPU chipset, set to compete with Nvidia's A100 and H100 chips, AMD expects to rake in a whopping $2 billion in AI chip sales next year! 🤖💰 Despite some ups and downs in 2023, as the AI race heats up, AMD's market cap is poised for an astronomical rise!

Next on the list is the cybersecurity sensation, CrowdStrike (NASDAQ:CRWD). While currently smaller than AMD in market cap, this cloud-based endpoint protection and threat intelligence services provider is on a rapid ascent. According to IDC, CrowdStrike is now the largest player in the Worldwide Endpoint Security market, even surpassing Microsoft! 🌐🔐 With impressive financial results, beating expectations in Q3 FY2024 with a 34% YoY revenue growth to $786 million, CrowdStrike's shares have soared over 123% YTD, pushing its market cap over $56 billion. Get ready for this cybersecurity titan to climb even higher!

Last but not least, we have Palantir Technologies (NYSE:PLTR). Initially serving defense and intelligence sectors, Palantir has expanded its reach into industries like healthcare, energy, and finance. Winning contracts like managing England's National Health Service data, Palantir is on fire! 🔥💡 With an entrance into AI-enhanced analytics and a 37% YoY revenue increase in its "U.S. Commercial business segment," Palantir is gearing up for the big leagues. While not yet at a $100 billion market cap, don't be surprised if Palantir joins the ranks of the largest publicly listed tech companies as its business and user base continue to grow!

There you have it, tech enthusiasts! Keep an eye on these three stocks as they make their way to the top, and let us know which one you think will be the next big thing in the comments below. Smash that like button, hit subscribe for more exciting market updates, and stay tuned for the next big breakthroughs in the tech world! 🌐📈✨

Sources: https://www.fool.com/investing/2023/12/05/cathie-wood-goes-bargain-hunting-3-stocks-she-just/

https://investorplace.com/2023/12/ahead-of-the-curve-3-robust-stocks-to-buy-before-2024-begins/

https://investorplace.com/2023/12/beyond-the-magnificent-7-3-stocks-poised-to-join-the-leader-board/

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Edited with Gling AI: https://bit.ly/46bGeYv

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