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26 February
Top Stock Picks for the Week of February 26, 2024

Summit Materials, Inc. is a construction material company. The company supplies aggregates, cement, ready-mix concrete and asphalt primarily in the United States and western Canada. Summit Materials, Inc. is headquartered in Denver, Colorado.

Summit Materials lands a Zacks Rank #1 (Strong Buy) and its Building Products - Concrete and Aggregates industry is in the top 24% of over 250 Zacks industries. SUM shares have climbed 42% in the last year, including a big post-earnings release surge earlier this month. Wall Street cheered SUM’s bullish outlook.

NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company’s focus has evolved from PC graphics to artificial intelligence (AI) based solutions. The stock has skyrocketed and it reported another impressive quarter last week that helped it grab a Zacks Rank #1 (Strong Buy).

NVIDIA's Compute & Networking revenues are gaining from the strong growth of artificial intelligence (AI), high-performance computing and accelerated computing. The data center end-market business is likely to benefit from the growing demand for generative AI and large language models using graphic processing units (GPUs) based on NVIDIA Hopper and Ampere architectures.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.