Nvidia and Palantir Poised to Ride Expected Nasdaq Surge in 2024
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History shows the Nasdaq tends to surge 19% the year after a recovery period, suggesting 2024 could see big gains.
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AI-related stocks like Nvidia and Palantir are well-positioned to benefit from the expected Nasdaq rebound in 2024.
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Nvidia dominates the AI chip market with an over 80% share and strong growth, though facing some new competition.
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Palantir provides AI software and services, seeing profitability from government and defense clients.
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Though both look promising, Nvidia remains the top pick given dominance, growth and more reasonable valuation.