From Nasdaq MarketSite:



The S&P 500 has seen a significant increase of 23% this year, with growth stocks such as Nvidia, Meta Platforms, and Royal Caribbean Cruises contributing to the index’s success. Nvidia has experienced a significant increase in revenue and stock value, but its inflated valuation may present a risk for potential investors. Meta Platforms has also seen a surge in stock value and revenue growth; however, its high valuation may not be sustainable. Royal Caribbean Cruises has experienced a 150% increase in stock value due to the recovery of the cruise industry, and it is expected to continue to perform well next year. However, the article cautions that these stocks may face challenges in the upcoming year due to potential economic downturns and fluctuations in market performance. Additionally, it is noted that Meta Platforms and Nvidia are not included in the top 10 best stocks for investors to buy, as reported by The Motley Fool. Despite potential challenges, these stocks may still be good long-term investments.



Original: Are the S&P 500’s 3 Hottest Stocks of 2023 Still Good Buys Heading Into 2024?