Alibaba (NYSE: BABA) stock has started to show signs of recovering after falling to new lows last year. In the past month, share prices have jumped 19% and could be headed for more gains. Bank of America analysts recently maintained a buy rating on the stock but lowered the price target from $102 to $99. However, that still implies an upside of 17% over the next 12 months over the CMP.
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Over the past decade the Nasdaq-100 Technology Sector has climbed 416%, significantly outperforming the S&P 500 (which rose 178%). All five of the world's most valuable companies are tech firms, including Microsoft, Apple, Nvidia, Alphabet, and Amazon. Here are two top tech stocks that could make you a millionaire: 💰Advanced Micro Devices 💰Alphabet.
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Bharti Hexacom reported a net profit of Rs 223 crore for the March quarter, up 10.2% year-on-year, led by strong 4G/5G customer additions and ARPU increase. Revenues for the fourth quarter were at Rs 1,868 crore, 7.8% year-on-year, while EBITDA was Rs 914 crore, up 14.6% YoY, the company said in a statement. The EBITDA margin improved from 46.0% in Q4’23 to 48.9% in Q4FY24.
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