Following the remarkable ascent of Nvidia (NASDAQ:NVDA) last year, it’s only natural for investors to consider the top tech stocks to buy for 2024. Yeah, I suppose that NVDA could again be a winner. It’s off to a great start and the underlying generative artificial intelligence sector should only blossom from here. Still, it’s risky to target just the usual suspects.
While NVDA delivered blistering returns in 2023, most of the upside performance came in the first half. That’s not to say that the second half was a bust. However, the print was comparatively disappointing as other tech stocks to buy stole the limelight. Further, it’s only natural that astute investors will seek underappreciated ideas rather than heavily hyped ones.
To that effect, going for enterprises that might not be on everyone’s radar could be ideal. After all, you would theoretically be dealing with a lower baseline from which to extract profitability. On that note, here are the top tech stocks to buy in the new year.
This post appeared on Dynamic Wealth Report.