History Says the Nasdaq Will Soar: 2 AI Stocks to Buy Now, According to Wall Street

The Nasdaq Composite (NASDAQINDEX: ^IXIC) advanced 857% during the last two decades, equivalent to an annual return of 12%. That period covers such a broad range of economic and stock market conditions that investors can be reasonably confident in similar returns in the future.That is especially true because the Nasdaq is heavily weighted toward technology companies, and artificial intelligence (AI) should be a powerful tailwind for the technology sector. Right now, Wall Street expects particularly robust returns from Arm Holdings (NASDAQ: ARM) and MongoDB (NASDAQ: MDB).In short, history says the Nasdaq Composite is headed much higher in the long run, and Wall Street anticipates material upside in Arm and MongoDB over the next 12 months. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool