Here Are The Best Stocks To Buy In September Of 2023 Top Stocks That Can Surge In Price

So, are you hunting for juicy investment prospects in the unpredictable beast that is today's market? Say no more! We've managed to snag the dish served hot on the highest-ranking stocks that you need to keep an eye on. Whether you're a seasoned player or a newcomer dipping their toes, these companies are on the fast-track to significant growth and can deliver attractive dividends over time. 1. DraftKings (DKNG): Kicking Goals in Sports Betting Picture this, an astounding 73.5 million Americans gearing up to throw money on National Football League (NFL) games this forthcoming season. Sounds unbelievable? Well, according to the American Gaming Association, it’s the hard truth for this year. And guess who's hustling best in this sports betting mania? None other than DraftKings. Touted as the trailblazer in the flourishing sports betting circus, DraftKings is experiencing a whirlwind of popularity. In just the second quarter, the company documented an astonishing 44% annual rise in monthly paying customers, tallying at a cool 2.1 million. But hang on, it gets even better - folks aren’t just increasing their numbers; they’re also beefing up their bets. The average revenue per punter has soared by 33% to $137. This booming business means a flabbergasting 88% annual jump in DraftKings' income, hitting an impressive $875 million mark. Here comes the icing on this cake - DraftKings' mobile sports betting activities are currently running only in 21 states, presenting vast growth opportunities. Spurs are being put to its side as it plans to penetrate new territories like Kentucky, North Carolina, and Vermont in the upcoming months. Moreover, many states are mulling over legalizing mobile sports betting. With management forecasting as much as 58% rise in yearly revenue by 2023 to $3.5 billion, and adjusted EBITDA shooting to $175 million in the last quarter, buying DraftKings stock seems like a winning bet. 2. Palantir Technologies (PLTR): Cracking Open the AI Treasure Chest The whole world is buzzing with enthusiasm about the promise of artificial intelligence (AI), and sitting pretty at the forefront of this revolution is Palantir Technologies. With deep-rooted experience serving as defense contractors for Uncle Sam, Palantir is now on a mission to assist businesses in untangling the mystic land of AI. The expansive application spectrum of Palantir's AI solutions encompasses fields as diverse as healthcare, engineering, and energy. Novartis has teamed up with Palantir to supercharge R&D, Jacobs utilizes its software for smooth sailing in planning, and BP slashes production expenses using their aid. Thus, Palantir foresees healthy growth rates in both revenue and adjusted operating income with 2023 projections placed at $2.2 billion and $576 million respectively. 3. AMD: Setting Sights High on AI Chips Advanced Micro Devices (AMD) hogs a significant portion of the central processing unit (CPU) and graphics processing unit (GPU) market pie. Although Nvidia has had the edge over AMD in recent growth spurts, the latter eyes a major breakthrough in the AI chip arena with the imminent release of MI300 accelerators tailored specifically for AI applications. What sets AMD apart from its rivals is its capacity to supply both CPUs and GPUs, craved by data centers for AI processing. Despite trailing Nvidia in growth rate-wise, AMD's relatively lower valuation sells itself as an irresistible investment prospect. With AI accelerators' demand riding an uptick, AMD can get its hands on a hefty portion of the market pie, presenting shareholders with a golden opportunity for massive returns. 4. Monday.com: Brushing Up Workflow Flames Monday.com, a budding business, facilitates organizations in fine-tuning workflows and pumping up team cooperation via its Work OS platform. Despite hurdles including a 2022 market sell-off and growth concerns, Monday.com reported an impressive 42% annual increase in halfway revenue for 2023. The company is pouring investments into innovation, recently debuting an AI assistant to automate chores and crank up employee productivity. As it continues to evolve and broaden its horizons, it could be venturing into the profitable customer relationship management (CRM) territory, predicted to touch $157 billion by 2030. Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only. SOURCES: https://www.fool.com/investing/2023/09/09/2-super-growth-stocks-to-buy-now-before-they-soar/ https://www.fool.com/investing/2023/09/12/bull-market-top-stocks-to-buy-now-share-profits/

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