Which stock will explode in 2024?
Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.
| Stock | Expected Change in Stock Price* |
|---|---|
| Tesla Inc. (TSLA) | 61% |
| Mastercard Inc. (MA) | 14.2% |
| Salesforce Inc. (CRM) | 7.2% |
| Advanced Micro Devices Inc. (AMD) | 11.3% |
Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.
- A lot is working in favor of these companies. ...
- DraftKings (DKNG): With expansion on the cards, DraftKings could enjoy a higher market share in the next two years.
- Oracle (ORCL): Oracle's partnerships with Palantir (PLTR) and Nvidia (NVDA) will benefit the business.
Year-to-date in 2024, the Magnificent Seven stocks are up about 13%, on average, which doubles up the approximately 6.5% return for the S&P 500, but a closer look at the performance of the seven stocks shows a mixed bag. Nvidia (+65%), Meta (+39%), Amazon (+17%), and Microsoft (+10%) are all up YTD as of Feb.
- CrowdStrike (CRWD -3.9%), $68 billion.
- PayPal (PYPL 0.34%), $66 billion.
- MercadoLibre (MELI -1.01%), $84 billion.
- Airbnb (ABNB -3.18%), $88 billion.
- Shopify (SHOP 0.23%), $105 billion.
- Intuitive Surgical (ISRG -1.69%), $128 billion.
- Walt Disney (DIS 0.16%), $165 billion.
- High-yield savings accounts.
- Certificates of deposit (CDs)
- Bonds.
- Money market funds.
- Mutual funds.
- Index Funds.
- Exchange-traded funds.
- Stocks.
Aris Water Solutions, Inc. (NYSE:ARIS) is one of the stocks that can double in 2024, along with Wayfair Inc. (NYSE:W), Match Group, Inc. (NASDAQ:MTCH), and Palantir Technologies Inc.
- Intuit Inc. (NASDAQ:INTU) Number of Q4 2023 Hedge Fund Shareholders: 75. ...
- Tesla, Inc. (NASDAQ:TSLA) ...
- Booking Holdings Inc. (NASDAQ:BKNG) ...
- Netflix, Inc. (NASDAQ:NFLX) ...
- Broadcom Inc. (NASDAQ:AVGO) ...
- Micron Technology, Inc. (NASDAQ:MU) ...
- Adobe Inc. (NASDAQ:ADBE) ...
- Apple Inc. (NASDAQ:AAPL)
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Spright Agro | 30.03 |
| 2. | Jai Balaji Inds. | 1000.05 |
| 3. | Waaree Renewab. | 2499.20 |
| 4. | SG Mart | 485.25 |
What stock will double by 2025?
Analysts see big potential for these drugs over the next 12 months. Fiverr International (FVRR): FVRR to could double as freelancing grows. Lithium Americas (LAC): The rebound of lithium prices make LAC strong.
- Best safe stocks to buy.
- Berkshire Hathaway.
- The Walt Disney Company.
- Vanguard High-Dividend Yield ETF.
- Procter & Gamble.
- Vanguard Real Estate Index Fund.
- Starbucks.
- Apple.
- Bajaj Finance Ltd. ...
- Titan Company Ltd. ...
- Varun Beverages Ltd. ...
- Cholamandalam Investment & Finance Company Ltd. ...
- Tube Investments of India Ltd. ...
- SRF Ltd. ...
- Solar Industries India Ltd. ...
- Persistent Systems Ltd.
Some Magnificent Seven stocks are better than others. Microsoft (MSFT): The company is rapidly expanding in the artificial intelligence industry. Nvidia (NVDA): Revenue and profits continue to soar. Alphabet (GOOG, GOOGL): This undervalued tech stock has delivered exceptional returns for long-term investors.
According to federal scientists at the National Oceanic and Atmospheric Administration, there is now a 55% chance that 2024 will rank as the warmest year on record and a 99% chance it will rank in the top five.
The mega-cap leaders dubbed the “Magnificent Seven” have outperformed the stock market for several years. However, 2023 was quite impressive for the seven tech-focused US companies—Alphabet, Amazon, Apple, Meta Platforms, Microsoft, NVIDIA and Tesla.
Dassault Systemes SE (OTC:DASTY) French software company Dassault Systemes SE (OTC:DASTY) is one of the stocks American Congressmen are piling into in 2024. Congressman Josh Gottheimer from New Jersey bought shares worth between $1,001 - $15,000 in Dassault Systemes SE (OTC:DASTY) on March 13.
| Stock | Sector | Trailing 12-month dividend yield* |
|---|---|---|
| Abbott Laboratories (ABT) | Health care | 1.9% |
| Stanley Black & Decker Inc. (SWK) | Industrials | 3.5% |
| Atmos Energy Corp. (ATO) | Utilities | 2.7% |
| T. Rowe Price Group Inc. (TROW) | Financials | 4.3% |
| Stock Name | Ticker | Market Cap |
|---|---|---|
| Netflix, Inc. | NFLX | 101.613 B |
| Starbucks Corporation | SBUX | 99.101 B |
| Freshworks | FRSH | 1.820 B |
| Revlon, Inc. | REV | 223.640 M |
- High-yield savings accounts.
- CDs.
- Money market accounts.
- Government bonds.
- Treasury bills.
Where to invest $50,000 for 3 years?
The best high-yield savings accounts and certificates of deposit (CDs) are earning more than 5% APY as of March 2024, making them an excellent way to protect your principal while achieving a moderate return. CDs let you lock in an interest rate for a specific period, typically three to 60 months.
Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.
| S.No. | Name | 1mth return % |
|---|---|---|
| 1. | Hindustan Zinc | 38.41 |
| 2. | Lloyds Metals | 26.28 |
| 3. | NMDC | 16.74 |
| 4. | Apar Inds. | 15.58 |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Guj. Themis Bio. | 402.50 |
| 2. | Refex Industries | 163.50 |
| 3. | Tanla Platforms | 921.95 |
| 4. | M K Exim India | 79.60 |
Here's the Growth Stock to Buy Right Now. The Nasdaq-100 technology index plunged into a bear market in 2022 on the back of a 33% loss for the year.
