Nasdaq Sell-Off: 2 AI Stocks to Buy Before They Soar 120% and 135%, According to Certain Wall Street Analysts

The Nasdaq Composite tumbled 5% from its record high in the past week as investors were hit with worrisome economic data, including the worst consumer sentiment reading in 15 months. However, certain Wall Street analysts still think monster gains are possible in the next year for Arm Holdings (NASDAQ: ARM) and Axon Enterprise (NASDAQ: AXON).Here's what investors should know about these artificial intelligence (AI) stocks.Arm is a semiconductor company that, until recently, didn't sell chips. Instead, Arm primarily designs central processing unit (CPU) architectures and licenses the intellectual property (IP) to clients that design custom chips and systems. Arm also provides software-development tools that help programmers build applications for multiple end markets, from data centers to mobile devices.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool