AI Stocks Shine as Markets Wobble; Costco and REGN Also in Focus

AI stocks AVGO and ANET lead list of 5 names near buy points with flat bases indicating resilience. ANET part of IBD 50, Leaderboard.

S&P 500 slipped Friday but some AI stocks like NVDA, AVGO, ANET outperforming. AVGO has $1B+ in AI revenue, VMware deal pending.

ANET sells switches for hyperscale data centers, earnings due Oct 30. Piper downgraded but said double-digit growth priced in.

Costco taking share amid consumer headwinds. Sales, traffic strong in Sept. Baird says defensive growth worth the price.

REGN featured as stock of the day, bull-bear debate over outlook for eye drug Eylea. NTES top Chinese stock, margin expansion coming in 2023 per JPMorgan.