Top Stocks to Buy Amid Nasdaq Rally: Visa, PubMatic, Warner Bros. Discovery, AstraZeneca and More Offer Growth Despite Market Volatility
• Visa is a payments leader with decades of growth potential in developed and emerging markets. Its profit margins remain over 50% by avoiding lending risks.
• PubMatic's adtech platform is poised to benefit from increasing digital ad spend and 2024's expected surge in political ad spending. Its cash pile offers recession resilience.
• Warner Bros. Discovery has pricing power to grow its streaming subscribers. Its free cash flow generation ability can help pay down debt.
• AstraZeneca's oncology, diabetes, and rare disease therapies are firing on all cylinders with strong growth. Its drug pipeline offers longevity.
• Attractive valuations relative to historical multiples make these stocks compelling buys amid the Nasdaq's new bull market.