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5 Stocks to Buy in May Before the Next AI Surge Hits

The article argues the AI-led rally is entering a second wave that has pushed the S&P 500 to fresh highs (up ~10% in April) and sets a bullish technical outlook with a mid-year S&P target of 7,500. The author highlights select names tied to the AI and data-center buildout — Starbucks (SBUX) for its turnaround, AMD (AMD) and NVIDIA (NVDA) on GPU-driven demand, Amkor (AMKR) as a supply-chain play, Credo (CRDO) for data-cable IP, and Aeluma (ALMU) for quantum-dot laser tech — as stocks to consider ahead of continued upside. The market implication is continued risk-on positioning: strong technicals on the index, analyst target upgrades for AI-exposed names, and potential further index gains as GPU supply constraints ease and infrastructure rollouts accelerate.

Category

US 500

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min