What Is One of the Best AI Stocks to Buy Before the Next Market Rally?

On Oct. 29, the Federal Reserve announced a 25-basis-point cut in benchmark interest rates to 3.75% to 4%. However, the equity markets stumbled as Fed Chairman Jerome Powell highlighted uncertainty about further interest rate easing, especially at the Fed's next meeting in December 2025.While solid earnings performance from a few prominent technology companies has provided some upside support, Wall Street remains concerned about Powell's remarks. So, now might be a good time for long-term-minded investors at least to look ahead at potentially promising opportunities.Broadcom (NASDAQ: AVGO) looks like a smart artificial intelligence (AI)-powered pick to consider today. The company is benefiting from increasing global AI spend on data centers, estimated to reach $6.7 trillion by 2030.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool