The investing icon helped Buffett build Berkshire Hathaway.
After a disappointing 2022 during which the U.S. stock market posted its worst performance of the last decade, Wall Street breathed a sigh of relief in 2023. When the stock market is gearing up for a bull surge, it makes sense for retail investors to pick up stocks of high-quality companies with robust tailwinds. Accelerated computing specialist Nvidia (NASDAQ: NVDA) has made a splash on Wall Street lately thanks to its cutting-edge artificial intelligence (AI) chips and software ecosystem.
Investors have pushed Microsoft (NASDAQ: MSFT) stock to new highs in recent weeks. If you'd like exposure to some of these industries but are turned off by Microsoft's elevated valuation, there are some good alternatives to consider. Read on for reasons to buy Adobe (NASDAQ: ADBE) and Palo Alto Networks (NASDAQ: PANW), instead.