Nasdaq: QQQ, QQQM Are Epicenters of Innovation
From Nasdaq:
– The Nasdaq-100 Index is home to innovative companies, outperforming other domestic equity gauges in the long-term
– The Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM) are higher by 54% year to date
– The magnificent seven companies in these funds experienced impressive gains in 2023 and some of them could drive QQQ and QQQM higher in 2024
– Morningstar unveiled 18 best stocks to own in 2024, including Microsoft, Broadcom, Cisco Systems, Analog Devices, Texas Instruments, and Intuit
– Morningstar analyst William Kerwin stated Broadcom could benefit from artificial intelligence and Cisco Systems, Analog Devices, Texas Instruments, and Intuit are potential tech sector upside stocks for 2024
Read more: QQQ, QQQM Are Epicenters of Innovation