Visa Inc (NYSE:V) stock hit an all-time-high of $262.48, driven by cash-to-electronic payments switch, operating leverage, and strategic bandwidth. Technicals show a bullish trend.
Broadcom Inc's (AVGO) stock hit an all-time high of $1,099.78 on Wednesday, driven by Q4 earnings beat & doubling AI sales forecast. Technicals show a golden cross indicating a bullish trend.
So far, 2023 has been mostly about growth stocks. Sector performance within the S&P 500 indicates that growth-oriented stocks from the Information Technology and Communication Services sectors have been leading in returns.