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Barchart
Barchart
Pathikrit Bose

3 Mega-Cap Stocks to Buy in September

Apple Broadcom Alphabet Amazon AVGO Nasdaq ChatGPT Microsoft Microsoft 365 Qualcomm

Technology stocks have had a historic run in 2023, recovering from a disappointing performance in 2022 that was marked by rapid interest rate hikes and a slowing economy. Momentum turned around sharply for the group in 2023, fueled in large part by an AI-driven rally.

However, the Nasdaq Composite ($NASX) hit a hurdle in mid-July, pressured by a mixed earnings season and the looming prospect of additional rate hikes. But with shares now finding their footing and turning higher from recent lows, it looks like an opportune time to scoop up quality names from the outperforming tech sector.

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