Zacks Investment Research
05 Jun 2026, 22:46 UTC · 2h ago
2 Non-AI Tech Stocks to Buy Now for 40%+ Upside as the Nasdaq Tanks
Zacks Investment Research
05 Jun 2026, 22:46 UTC · 2h ago
Story key points
4 claims · impact-rated
AI and semiconductor stocks experienced a significant correction on Friday, leading to a 4% drop in the Nasdaq. — A sharp decline in the leading growth sector typically signals a shift in short-term momentum and increased volatility for risk assets.
-0.60The iShares Semiconductor ETF (SOXX) is considered overbought, having risen 95% between March 30 and June 4. — Extreme overbought conditions and distance from moving averages often precede a technical correction or period of consolidation.
-0.40Netflix is projected to grow earnings by 42% in 2026 on a 14% increase in sales. — Strong fundamental growth projections provide a bullish catalyst for the specific equity regardless of broader sector volatility.
+0.30Continue reading
6 related stories
Top 2 movers · tap to explore
Uber's average Zacks price target suggests a potential 48% upside from its current trading level. — Significant divergence between current price and analyst targets often attracts value hunters in a rotating market.
Ticker attribution
Model heads
Described as trading at a discount with strong projected earnings growth and resilience to AI threats.
Highlighted as having significant upside potential and strong growth not based on AI promises.
Grouped with AI and chip stocks that are described as 'overheated' and 'tanked' on Friday.
Grouped with AI and chip stocks that are described as 'overheated' and 'tanked' on Friday.
Grouped with AI and chip stocks that are described as 'overheated' and 'tanked' on Friday.
Grouped with AI and chip stocks that are described as 'overheated' and 'tanked' on Friday.
No ticker relationship head found.
Early access
News Impact Screener scores every headline against the stocks it moves — before the chart reacts. Join the early-access list and get alerted the moment a story hits your tickers.
Impact vectors
4 dimensions · 9 clusters
Market reaction
10 bid · 10 offered
Zacks Investment Research
2h ago
