Growth Opportunities Emerge Amid Nasdaq Sell-off

Investors have new tech opportunities as Nasdaq dips. Five growth stocks are highlighted, showcasing potential in AI and custom chips amidst a 13% decline from highs.

Date: 15-03-2025

AI Rating: 7

Market Trends and Stock Opportunities

The report discusses the recent decline of the Nasdaq Composite, which is down greater than 13% from its all-time highs, presenting potential long-term buying opportunities in the technology sector.

This analysis highlights several growth stocks: Nvidia, Broadcom, Alphabet, Salesforce, and GitLab, all showcasing unique advantages and growth potential despite current market conditions.

Nvidia's Growth Potential

Nvidia is noted as a leader in AI infrastructure, with its revenue having more than doubled in both fiscal years 2024 and 2025. This rapid revenue growth indicates strong demand for its products, particularly GPUs, which are essential for AI applications. The company holds around 90% market share due to its competitive advantage brought about by its established CUDA software platform, positioning it favorably as AI spending increases.

Broadcom's Market Position

Broadcom is also identified as a significant player in AI chips, expecting revenue growth driven by a $60 billion to $90 billion addressable market. Its diversification with custom AI chips offers promising growth amidst Nvidia's pricing, potentially increasing Broadcom's market share. The company is currently down about 23% from its high, creating an entry point for investors.

Alphabet's Revenue Growth

Alphabet, a major player in digital advertising, reports a 30% increase in revenue from its cloud computing unit, with segment income rising an impressive 142%. This indicates strong operational performance and growth, making it highly attractive to investors looking for long-term value. The potential for utilizing AI to create new ad formats adds another layer of prospective growth.

Salesforce and GitLab Developments

Salesforce is aiming for a significant role in agentic AI development while witnessing a 26% decrease in stock price, making it a valuable opportunity for potential investors. GitLab's subscription model is noted for high margins and robust revenue growth of 29% last quarter, signaling it as a viable investment, especially with ongoing development in DevSecOps.

Stocks: NVDA AVGO GOOGL CRM GTLB