Earlier this month, we highlighted Advanced Micro Devices (AMD) around $102.45. Today, the stock is up to $112.66 in pre-market, and could push higher.
Even Microsoft (MSFT) has been performing well. Since highlighted the stock around $281.29, it’s now up to $303.08 in pre-market.
Another tech stock you may want to consider is Affirm Holdings (AFRM), which is benefiting well from the Buy Now, Pay Later boom. Not only are other heavyweights, like Target and Shopify jumping on the BNPL bandwagon, Amazon recently made AFRM a partner ahead of the holiday shopping season. From a current price of $148.47, we’d like to see it closer to $200.
In addition, just weeks ago, analysts at Jefferies raised their price target on AFRM to $110 from $82. Even Morgan Stanley says AFRM should deliver “high growth for years,” as quoted by TheFly.com. The firm has an overweight rating on the stock with a $140 price target.