Nvidia, Toast, Microsoft, ServiceNow: Stocks to Watch in H2
CNBC's Investment Committee shares their top stock picks heading into the second half of the year.
If you're trying to figure out where to put your money as we head into the back half of the year, CNBC's Investment Committee just handed you a short list worth paying attention to. Their final trades spotlight four names: Nvidia, Toast, Microsoft, and ServiceNow — a mix of mega-cap tech titans and a smaller restaurant-tech play.
Nvidia hardly needs an introduction at this point. The chipmaker has been one of the defining stocks of the AI boom, and the committee's continued focus on it suggests Wall Street isn't ready to call the rally over just yet. Microsoft similarly benefits from the AI wave, given its deep partnership with OpenAI and the rollout of Copilot features across its product suite.
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Toast is the more under-the-radar pick here. The company provides point-of-sale and restaurant management software, making it a bet on both the durability of the food-service industry and the ongoing digitization of small and mid-sized businesses. It's a different kind of tech story — less about semiconductors and more about whether your favorite brunch spot upgrades its ordering system.
ServiceNow rounds out the group as a cloud-based workflow automation platform that enterprises use to manage IT and business operations. Like the others, it sits squarely in the 'companies that could benefit from AI integration' camp, since automating complex workflows is exactly the kind of task AI tools are being built to accelerate.
Taken together, the four picks reflect a committee that still sees technology — and AI in particular — as the dominant investment theme for the months ahead, while mixing in a growth-oriented smaller cap for some extra upside potential. Continue reading at CNBC.
