What stocks will grow the most in 2024?
Svaraj Trading & Agencies is a multibagger penny stock that has jumped 210% in 2024 so far, while the equity shares of Earum Pharmaceuticals have rallied over 159% YTD, Despite the volatility in the market, some penny stocks registered whopping gains so far this year.
- Tata Consulting Services (TCS) Overview: TCS is a globally renowned leader in IT, offering a wide range of services from digital solutions to consulting. ...
- Infosys. ...
- Wipro. ...
- HCL Technical Infrastructure. ...
- Tech Mahindra. ...
- Mindtree. ...
- Larsen & Toubro Infotech (LTI) ...
- Coforge.
Svaraj Trading & Agencies is a multibagger penny stock that has jumped 210% in 2024 so far, while the equity shares of Earum Pharmaceuticals have rallied over 159% YTD, Despite the volatility in the market, some penny stocks registered whopping gains so far this year.
- Bonds and bond ETFs.
- Dividend-paying stocks and ETFs.
- Master limited partnerships.
- Real estate investment trusts.
- Annuities.
| Growth Stock | Expected Change in Stock Price* |
|---|---|
| Tesla Inc. (TSLA) | 37.9% |
| JPMorgan Chase & Co. (JPM) | 3.6% |
| Mastercard Inc. (MA) | 15.9% |
| Advanced Micro Devices Inc. (AMD) | 13.6% |
(NYSE:W), Match Group, Inc. (NASDAQ:MTCH), and Palantir Technologies Inc. (NYSE:PLTR) are some of the stocks that will double in 2024, besides StoneCo Ltd. (NASDAQ:STNE).
- Fruit & Nut Farming in the US. ...
- Solar Power in the US. ...
- Online Gambling Services in the US. ...
- Hybrid & Electric Vehicle Manufacturing in the US. ...
- 3D Printing & Rapid Prototyping Services in the US. ...
- Social Networking Sites in the US. ...
- Ship Building in the US. ...
- Wind Power in the US.
| Name of the Share | Book Value (₹) | 1 Year (%) |
|---|---|---|
| Trident Ltd | 8.12 | 1.93 |
| Yes Bank | 14.08 | -2.23 |
| Exide Industries | 148.69 | 54.70 |
| Bajaj Hindusthan Sugar Ltd | 33.80 | 79.49 |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Brightcom Group | 18.05 |
| 2. | Rama Steel Tubes | 40.35 |
| 3. | Easy Trip Plann. | 49.05 |
| 4. | Radhika Jeweltec | 65.35 |
| Company | Ticker | Market value gain ($ bil)** |
|---|---|---|
| Amazon.com | (AMZN) | 247.8 |
| Alphabet | (GOOGL) | 187.4 |
| Apple | (AAPL) | 106.5 |
| Exxon Mobil * | (XOM) | 104.5 |
Where to invest $50,000 for 3 years?
The safest way to invest $50,000 would be to put it into a savings account or CD. However, you could also invest in stocks or real estate, start or add to a retirement account, and more. Your goals, risk tolerance, and time horizon until retirement will determine the right choice for you.
The Dow Jones Industrial Average ended December with big gains, as the ongoing stock market rally continues. The best Dow Jones stocks to buy and watch in 2024 are Apple (AAPL), Merck (MRK), Microsoft (MSFT) and Visa (V).
- High-yield savings accounts.
- Certificates of deposit (CDs) and share certificates.
- Money market accounts.
- Treasury securities.
- Series I bonds.
- Municipal bonds.
- Corporate bonds.
- Money market funds.
| Company | Industry |
|---|---|
| Tata Consultancy Services | IT Services |
| Hindustan Unilever | Consumer Goods |
| Infosys | IT Services |
| HDFC Bank | Banking |
Next Big Thing in Investing: Artificial Intelligence
Right now it seems that artificial intelligence (AI) is driving that bus and will be for the foreseeable future. AI has the potential to change how we do everything — from the way we shop to how businesses are run.
- HP Inc. "How HP Laptops with AI-Powered Tools Maximize Efficiency."
- Gen Digital Inc. "Avast Blocks Record Breaking 10 Billion Attacks in 2023, Nearly a 50% Increase from Previous Year."
- Verisk Analytics Inc. ...
- ServiceNow Inc. ...
- Yahoo! Finance. ...
- Advanced Micro Devices Inc. ...
- LeewayHertz. ...
- New York Times.
Key Takeaways: Growth stocks may see a robust 2024 on the strength of trends such as AI disruption and decarbonization. Small-cap stocks are trading at attractive valuations as analysts see the possibility of a rebound in 2024. The time could be right for locking in rates on long-term, high-yield bonds.
Uber Technologies, Inc. (NYSE:UBER), NVIDIA Corporation (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Netflix, Inc. (NASDAQ:NFLX) are some of January 2024's top performing growth stocks.
The top undervalued stocks on the NYSE or the Nasdaq for February 2024 that are trading for under $50 include Globus Maritime, Diversified Healthcare Trust, Telesat, Smart Sand, Star Equity Holdings, Vast Platform, Xcel Brands, Ebang International Holdings, OptimumBank Holdings, Profire Energy, and Pacific Gas & ...
- Iron & Steel Manufacturing in the US. ...
- Unmanned Aerial Vehicle (UAV) Manufacturing in the US. ...
- Chicken Egg Production in the US. ...
- Wedding Planners in the US. ...
- Communication Equipment Manufacturing in the US. ...
- Database & Directory Publishing in the US.
Will 2024 be good for stocks?
1. Positive returns -- but smaller than in 2023. I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.
The U.S. economy avoided the recession forecast for 2023. Experts now say a soft landing or mild recession is possible in 2024.
- Yum China YUMC.
- Roche Holding RHHBY.
- Imperial Brands IMBBY.
- British American Tobacco BTI.
- Polaris PII.
- Pfizer PFE.
- Campbell Soup CPB.
- Anheuser-Busch InBev BUD.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Guj. Themis Bio. | 368.35 |
| 2. | Refex Industries | 663.45 |
| 3. | Tanla Platforms | 979.90 |
| 4. | M K Exim India | 81.24 |
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | KMC Speciality | 91.05 |
| 2. | Advani Hotels. | 168.20 |
| 3. | Man Infra | 208.85 |
| 4. | Ovobel Foods | 220.20 |
