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A handful of growth stocks have led the market gains achieved so far in 2023. The rally that characterized the first half of 2023 was uneven and highly concentrated in fewer than 10 technology stocks. Each of these has some exposure to artificial intelligence (AI). While the hype surrounding AI died down throughotu the summer, the technology behind chatbots and enhanced online search queries continues to be a catalyst for the market. Stocks are volatile to start the fourth quarter as treasury yields and energy prices march higher. However, it likely won’t be long until growth stocks are once again in the driver’s seat and leading the market to new heights. Given their outperformance since the 2008-09 financial crisis, it would be foolish to count out the large cap tech stocks that have grown the market in recent years. Here are the three top growth stocks to watch in Q4 2023.
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