- On August 24, major U.S. stock indices showed mixed results, with the Nasdaq falling 0.76 %, the S&P 500 down 0.28 %, and the Dow Jones rising 0.26 %.
- Among companies with a market capitalization exceeding 100 billion, Altria Group and Mastercard recorded gains of 3.6 % and 3.31 % respectively.
- Meanwhile, Seagate Technology and SanDisk experienced declines of 6.51 % and 6.45 % respectively.
- Evercore ISI analyst Amit Daryanani identified 6 top hardware and technology stocks to own for the second half of 2026, driven by robust artificial intelligence demand.
- The recommended picks include storage makers Seagate Technology and Western Digital, networking providers Amphenol, Arista Networks and Cisco Systems, and Apple.
- Strong fundamentals, tight storage supply, scaling technology platforms, networking refresh cycles, and upcoming product catalysts are expected to support continued outperformance and growth.
