4 Amazing Growth Stocks You'll Regret Missing in the New Nasdaq Bull Market (Part-2)

Intel Intel (NASDAQ: INTC) is the third interesting growth stock you'll wish you'd bought early in the Nasdaq bull market.

Intel's reliance on legacy CPUs is a drawback. Intel's stock has suffered from the slower growth and extremely cyclical sales of CPUs in personal computers (PCs) as investors focus on artificial intelligence (AI). In contrast, Intel's traditional sectors remain profitable. Intel is the leading PC CPU supplier despite losing some market share to Advanced Micro Devices in data centers and PCs. Intel can invest cash from these areas in growth projects.

AI presents an exciting opportunity. Intel announced its Gaudi3 AI chip in December for 2024 release. Gaudi3 will compete with Nvidia's flagship H100 GPU, which powers generative AI applications in AI-accelerated data centers.

Intel is also diversifying its business by growing its foundry services segment. Two chip manufacturing factories in Ohio and one in Germany are planned for 2026–2027. Intel could become the second-largest foundry by 2030. Despite being a chipmaker staple, Intel is a growth stock. Earnings per share should rise from $1.05 to $4.44 between 2023 and 2027.

Meta Platforms Meta Platforms (NASDAQ: META) is a fourth amazing growth stock you'll regret not buying in the current Nasdaq bull market. Meta worries most about recessions, like Visa. Advertising contributed over 98% of its $134.9 billion sales last year. Businesses often cut ad expenditures when the U.S. economy slows or shows signs of deterioration. Thank goodness economic expansions persist longer than recessions, allowing ad-driven enterprises to prosper.

Meta's core business is leading social media platforms. With 3.07 billion monthly active users, Facebook is the most popular social network. After adding WhatsApp, Instagram, and Threads, Meta's apps had slightly under 4 billion MAUs in the December quarter. Meta has the most eyes of any social site, therefore it can charge high ad rates.

Superior financial position and cash flow give investors confidence in Meta Platforms' future. The corporation ended 2023 with $65.4 billion in cash, cash equivalents, and marketable securities and $71.1 billion in net cash from operating activities. Meta can take chances few other companies can due to its cash-cow advertising platform.

CEO Mark Zuckerberg is interested about augmented/virtual reality gadgets and metaverse-related growth strategies. Zuckerberg wants Meta to be a gateway to 3D virtual environments by the end of the decade, even though Reality Labs is losing money. 

 Meta Platforms remains affordable. Despite more than quintupling from its 2022 bear market trough, shares are available for less than 14 times forward-year cash flow, a slight discount from the company's trailing-five-year average,