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Scorching Hot: 3 Nasdaq AI Stocks to Buy Now

06:31am, Tuesday, 02'nd Apr 2024
When looking into the best Nasdaq AI stocks to buy, it is important to look at the economy as a whole. The future of the US economy looks promising as recent data reveals a robust and resilient growth
The latest trading day saw Cadence Design Systems (CDNS) settling at $311.34, representing a -1.48% change from its previous close.

AI Is Going To Give Cadence Design Systems A Boost

12:47am, Wednesday, 27'th Mar 2024
Cadence Design Systems is one of the market leaders in electronic design automation software for chips, ICs, and PCBs. The company benefits from strong secular tailwinds and high barriers to entry in
Artificial Intelligence (AI) co-pilots could be a new revenue segment for various companies.
The artificial intelligence trade shows no signs of cooling off. At least not yet.
Cadence Design Systems (CDNS) concluded the recent trading session at $322.80, signifying a +1.87% move from its prior day's close.

AI Momentum: 3 Top Ranked Stocks Breaking Out Now

01:36pm, Thursday, 21'st Mar 2024
Broad markets are breaking out to new highs, and so are the leading Artificial Intelligence stocks. Although some investors may think of the providers of AI software like Microsoft  MSFT  or Alphabe
We have narrowed our search to five technology behemoths that have provided double-digit returns year to date. These are META, NVDA, CDNS, SNPS and VEEV.
Recently, Zacks.com users have been paying close attention to Cadence (CDNS). This makes it worthwhile to examine what the stock has in store.
The demand for Cadence's (CDNS) product portfolio is driven by accelerated design activity owing to transformative trends, such as generative AI, hyperscale computing, 5G and autonomous driving.

Who's Afraid of the Fed's New Dot-Plot?

07:01pm, Tuesday, 19'th Mar 2024
The Dow has its biggest trading session in almost a month, while the S&P 500 notched a fresh all-time closing high.
Cadence (CDNS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Cadence (CDNS) and NVIDIA collaborate to launch innovative solutions powered by generative AI.
Cadence Design Systems (CDNS) concluded the recent trading session at $300.93, signifying a +0.83% move from its prior day's close.
Huang is describing new partnerships and/or associations with Ansys (ANSS), Synopsis (SNPS) and Cadence Design Systems (CDNS).
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