Stocks Snap Back, Poised For Weekly Gains

The markets shrugged off early losses yesterday to close higher on the day.

Just another testament to the underlying bullishness of the economy and the market.

Underscoring this bullishness was yesterday's PMI Composite Flash report which showed the composite reading at 55.7, up from last month's 54.8 and views for the same. Analyst's noted the service component was back to their prior highs, while manufacturing hit new highs!

Stocks continue to rise on the parade of better than expected economic reports and record earnings. And they should. These are historic times for the economy and the market.

One area that's been leading the pack lately has been Technology. And one of the most exciting areas within that space is Artificial Intelligence (AI). This industry is already estimated to be worth $12 billion. And analysts believe it could be worth as much as $57.6 billion within the next 3 years. There are some big names already in this space – Google and Nvidia are just a couple. But there is a growing list of companies, many you've probably never heard of, that are generating lots of buzz with their transformational technology that will reshape business and our lives.

So be sure you check out our latest report on AI which goes over the promise of this technology, and highlights 3 top stock picks poised to cash in on the explosiveness of this industry...

3 Stocks Ready to Soar in the Explosive Artificial Intelligence Industry

Best,

Kevin Matras

Executive Vice President, Zacks Investment Research

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