Today's IBD Screen Of The Day highlights Nvidia's chipmaker Taiwan Semiconductor, Amazon stock and Costco Wholesale.
Nvidia soared over 3% after Google's AI conference showed new artificial intelligence application that will improve search.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the early part of the second quarter of 2024 showed a big divergence of returns.