American technology stocks experienced a strong recovery on Monday, with the NASDAQ Composite closing up +2.69%, its best session since May. Google’s parent company, in particular, gained more than 6% as its new Gemini 3 AI model sparked market excitement.
Several reports after last week’s presentation indicated that Alphabet’s model performed better than OpenAI or Anthropic’s models. Salesforce CEO Marc Benioff also praised its capabilities in public remarks.
Alphabet’s rally gained additional momentum after securing a multi-billion dollar contract with NATO to provide cloud infrastructure.
The stock’s rally has allowed many other big AI-related tech names to grow. climbed +11.10%, gained +8%, added +5.5%, rose +6.82%, with several others.
Along with Alphabet’s momentum, U.S. tech stocks also rose on renewed expectations of a Fed rate cut. The probability of a cut at the December 10 FOMC meeting jumped to over 77% on Tuesday after falling below 30% last week.
Recent comments from several Fed members in favor of further reduction have helped raise expectations. A Goldman Sachs report also added fuel by saying the weakening economic outlook could push the Fed into deeper cuts than the market currently assumes.
A rate cut could pave the way for a powerful end-of-year move for US technology stocks, helped by the traditional Christmas rally.
9 Large-Cap Tech Stocks Analysts Favorite
So we looked for opportunities among top U.S. tech stocks, based on analysts’ average targets, while making sure to exclude stocks that are already trading above their fundamental value.
To do this, we used the Investing.com screener and applied the following settings:
WE walk
Technology sector Capitalization greater than 100 billion dollars
Positive potential according to InvestingPro Fair Value (summary of valuation models) Actions followed by more than 10 analysts
Potential benefits of more than 30% according to the average analyst objective
This research allowed us to identify 9 opportunities:
ATTENTION: Although the basic functions of the Investing.com screener are available free of charge…
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