The NASDAQ Composite Index lost a third of its value last year as technology and growth stocks came crashing down.
But don’t count out the index just yet.
The bellwether technology stock index has staged a strong recovery this year, chalking up a gain of 25% year to date as it enters a new bull market.
Along the way, several stocks have also rebounded strongly and hit a 52-week high.
Investor sentiment has turned positive on these stocks because of a growing recognition of their merits accompanied by a strong earnings profile.
We feature four of these US growth stocks and you can determine if they deserve a place in your buy watchlist.
Nvidia (NASDAQ: NVDA)
Nvidia is one of the largest chipmakers in the world that invented the graphics processing unit (GPU) in 1999 which led to the growth of the personal computing gaming market.
The company is now fuelling the artificial intelligence (AI)...