AI Bull Run: 30 Stocks Poised for Sky-High Gains
Wall Street Rides the AI Wave
A prominent tech analyst at Wedbush Securities has identified 30 AI-driven stocks that could jump by up to 73% as generative AI adoption accelerates across sectors. The report points to an “iPhone moment” for AI, describing a powerful convergence of demand, innovation, and capital investment. Among the analyst’s top picks are major players like Nvidia, Microsoft, and Palantir, which are already benefiting from a surge in enterprise AI integration. The firm emphasizes that earnings momentum and secular growth for these companies are just beginning, even after a year of strong gains in the tech sector.
Why the Upside Still Looks Strong
Despite widespread concerns about overvaluation in technology stocks, Wedbush argues that these AI leaders have room to grow, thanks to robust demand and long-term industry tailwinds. According to the report, the shift into generative AI is driving structural changes in how companies operate, prompting a massive wave of investments from corporate IT budgets. Other notable mentions on the list include ServiceNow, Adobe, and MongoDB—firms poised to benefit from AI-enabled efficiencies. The analyst notes that although volatility is likely in the short term, investors focusing on high-quality AI exposure can expect strong returns over the next 12 to 18 months.
