The Nasdaq Composite bull market continued in 2025, but history suggests there’s additional upside ahead.

Businesses are developing new applications for generative AI, and demand continues to climb.

Each of these companies will likely continue to profit from their respective AI strategies.

10 stocks we like better than Nvidia ›

The Nasdaq Composite has risen steadily for nearly three years, and many believe the catalyst that sparked the current bull market was the advent of artificial intelligence (AI). Add to that the ongoing campaign of interest rate cuts and higher corporate earnings, and conditions are ripe for the market’s momentum to continue. Furthermore, the tech-centric index’s three-year rally suggests there will be more to come in the new year.

Going back 50 years, there have been five bull markets that have lasted longer than three years, and in each case, the rally has continued, according to Ryan Detrick, chief market strategist at financial services company Carson Group. The data shows that bull markets that persisted longer than three years continued to gain ground, lasting eight years on average. Even the *shortest *lasted for five years, which suggests there could be more to come.

Additionally, estimates regarding the impact of AI continue to ratchet higher. The adoption of generative AI could add as much as $15.7 trillion to the global economy by 2030, according to Big Four accounting firm PricewaterhouseCoopers (PwC), creating a windfall for those at the cutting edge of the technology.

Here are my top 10 AI stocks to buy before the Nasdaq climbs to new heights in 2026.

Image source: Nvidia.

The rise of AI was ushered in by advanced semiconductors that processed data at lightning speeds, taking sophisticated algorithms to the next level. The first to capitalize on the opportunity was Nvidia (NASDAQ: NVDA), positioning its graphics processing units (GPUs) as the gold standard for data center operations and ferrying data around the ether. The company’s AI strategy was prescient, as it now holds an incredible 92% share of the data center GPU market. With its annual new product release cadence, rivals simply haven’t been able to catch up.

If there is one downside, it’s the significant energy consumption required to fuel GPUs, and the world’s biggest users are beginning to take note. That’s where Broadcom (NASDAQ: AVGO) comes in. The company developed application-specific integrated circuits (ASICs) that are viewed as a cost-effective alternative to GPUs. These specialized chips – which Broadcom calls XPUs – can be customized for specific tasks, making them more energy-efficient in the process.