Tech Stocks Positioned for Rebound in 2024 Driven by AI Investment and Internet Growth
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After a down year in 2022, history suggests the stock market and tech-heavy Nasdaq index are poised for gains in 2024.
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Several major tech companies like Alphabet, Amazon, and Microsoft are investing heavily in AI, which will drive growth.
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Latin American e-commerce giant MercadoLibre is rapidly expanding along with internet adoption in the region.
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Companies tied to digital advertising like Roku and The Trade Desk stand to benefit from the rebound.
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Electric vehicle maker Tesla continues expanding production capacity aiming for 50% annual growth.