HSBC Says Buy the Dip in These 11 Stocks -- Alphabet and Oracle Top the List

What happened: HSBC named 11 stocks it sees as attractive buying opportunities after a broad market pullback, in a Thursday research note. The list includes Alphabet (NASDAQ:GOOGL) and Oracle (NYSE:ORCL). Key numbers: Technology and industrial shares lost about 8% to 9% over the past three months, and some industry groups retreated nearly 20% from Why it matters: HSBC views parts of the decline as excessive relative to underlying business conditions, and sees potential support from AI infrastructure spending, electricity demand, semiconductor investment and improving financial performance. Market: -4.3% today ($367.92), +37.2% YTD, 0.6x vol — as of 19:17 UTC

HSBC named 11 stocks it sees as attractive buying opportunities after a broad market pullback, in a Thursday research note. The list includes Alphabet (NASDAQ:GOOGL) and Oracle (NYSE:ORCL).

HSBC views parts of the decline as excessive relative to underlying business conditions, and sees potential support from AI infrastructure spending, electricity demand, semiconductor investment and improving financial performance. Market: -4.3% today ($367.92), +37.2% YTD, 0.6x vol — as of 19:17 UTC