Missed out on Nvidia? These Alternatives Are Expected to See Growth: Goldman Sachs

The landscape of U.S. equities is abuzz with anticipation as artificial intelligence (AI) cements its place as a transformative force in the technology sector. In a recent analysis by $Goldman Sachs(GS.US)$, optimism for AI integration remains robust, yet valuations steer clear of the vertiginous heights of previous market bubbles.

AI enthusiasm fuels animal spirit among investors. Some individual investors are speculating on a significant increase in $NVIDIA(NVDA.US)$'s stock price by the end of the week. There was notable interest in bullish positions during the afternoon trading session, with investors showing confidence that the stock could more than double its current closing price in a short timeframe on Monday.

Semiconductor stocks include: $Arm Holdings(ARM.US)$ , $Synopsys(SNPS.US)$ , $Cadence Design Systems(CDNS.US)$ , $Broadcom(AVGO.US)$ , $Marvell Technology(MRVL.US)$ , $Monolithic Power Systems(MPWR.US)$, $Qualcomm(QCOM.US)$, $Advanced Micro Devices(AMD.US)$ , $Intel(INTC.US)$ , $GlobalFoundries(GFS.US)$ , $Micron Technology(MU.US)$, and $Western Digital(WDC.US)$;

Data center firms including: $American Tower Corp(AMT.US)$, $Equinix Inc(EQIX.US)$, $Digital Realty Trust Inc(DLR.US)$ , $DigitalBridge Group(DBRG.US)$ ;

Hardware and equipment companies include: $Cisco(CSCO.US)$ ; $Arista Networks(ANET.US)$, $Amphenol(APH.US)$, $Super Micro Computer(SMCI.US)$, $Corning(GLW.US)$, $Vertiv Holdings(VRT.US)$ and others;

Utility companies include: $NextEra Energy(NEE.US)$, $Southern(SO.US)$, $Duke Energy(DUK.US)$, and others;

Cloud service providers including: $Microsoft(MSFT.US)$, $Amazon(AMZN.US)$, $Alphabet-A(GOOGL.US)$, $Oracle(ORCL.US)$;

Security software developers include: $Palo Alto Networks(PANW.US)$, $CrowdStrike(CRWD.US)$, $Palantir(PLTR.US)$, and $SentinelOne(S.US)$.

At this phase, Goldman Sachs lists 31 U.S.-listed companies, including software companies such as $Intuit(INTU.US)$, $Nutanix(NTNX.US)$, $ServiceNow(NOW.US)$, $Datadog(DDOG.US)$, and $Zscaler(ZS.US)$, and software companies such as $MongoDB(MDB.US)$, $Cloudflare(NET.US)$, $Snowflake(SNOW.US)$ and other IT services companies.

At this stage, Goldman Sachs lists 50 companies, including retail giants $Walmart(WMT.US)$ and $Costco(COST.US)$, healthcare companies $Illumina(ILMN.US)$ and $Tenet Healthcare(THC.US)$, as well as the $New York Times(NYT.US)$, which is in the midst of a lawsuit with OpenAI.