Can You Still Buy the Nasdaq's Best-Performing May Stocks?
Excitement for artificial intelligence (AI) has driven a remarkable 2023 rally in technology stocks. Big tech, illustrated by the Nasdaq-100, is up a staggering 31% since January, outpacing the broader Nasdaq index at 25%. The momentum continued with enthusiasm in May. Top performers like Datadog (NASDAQ: DDOG), Marvell Technology (NASDAQ: MRVL), and Zscaler (NASDAQ: ZS) rose as much as 53% last month.