US technology stocks staged a strong rally on Monday, with closing up +2.69%, its best session since May. Google’s parent company (NASDAQ:GOOGL), in particular, gained over 6%, as its new Gemini 3 AI model brought market enthusiasm.
Several reports after last week’s presentation said Alphabet’s model delivered stronger performance than models from OpenAI or Anthropic. Salesforce CEO Marc Benioff also praised its capability in public remarks.
Alphabet’s rally gained an extra lift after it secured a multi-billion-dollar NATO contract to supply cloud infrastructure.
The stock’s rally lifted many other major AI-linked tech names. climbed +11.10%, gained +8%, added +5.5%, rose +6.82%, along with several others.
Alongside Alphabet’s momentum, US tech names also moved higher due to renewed expectations of a Fed rate cut. The probability of a cut at the December 10 FOMC meeting jumped to more than 77% on Tuesday after falling below 30% last week.
Recent comments from several Fed members in favor of another cut helped lift expectations. A Goldman Sachs report also added fuel by stating that the weakening economic outlook could push the Fed toward deeper cuts than the market currently assumes.
A rate cut could set the stage for a powerful year-end move in US technology stocks, helped by the traditional Christmas rally.
9 Analysts’ Favorite Large-Cap Tech Stocks
We therefore looked for opportunities among major US technology stocks, using analysts’ average targets as our guide, while making sure to exclude names that already trade above their fundamental value.
To do this, we used the Investing.com screener and applied the following parameters:
- US market
- Technology sector
- Capitalization in excess of $100 billion
- Positive potential according to InvestingPro Fair Value (synthesis of valuation models)
- Stocks followed by more than 10 analysts
- Potential upside of over 30% according to analysts’ average target
This research has enabled us to identify 9 opportunities:
ATTENTION: Although the basic functions of the Investing.com screener are available free of charge, in this search we used metrics reserved for InvestingPro, Pro+ plan subscribers.
More precisely, these large-cap US technology stocks show upside potential of between +30.2% and +46.2% based on analysts’ average targets. Some also appear meaningfully undervalued according to InvestingPro Fair Value. And it is worth noting that one of the world’s three largest companies appears on this list.
Of course, these are just a few examples identified according to precise criteria, and other stocks in the technology sector or elsewhere could also prove to be excellent opportunities for the end of the year.
The Investing.com screener makes this process straightforward thanks to its ready-made thematic searches. The options in the “Growth” category are especially useful right now, given the sharp improvement in market sentiment.
Please keep in mind that some of these pre-configured searches are available only to InvestingPro and Pro+ subscribers.
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Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk belongs to the investor. We also do not provide any investment advisory services.