Nasdaq: Why These 7 Long-Term Stocks Should Be on Your Radar in 2024

From Nasdaq:



The article highlights seven long-term stocks for consideration in 2024. It emphasizes the importance of long-term investment for retirement and legacy building, rather than short-term trading. The stock market is expected to perform well in 2024, making it a good time to build a solid portfolio that can withstand market ups and downs.

Microsoft (MSFT) is highlighted as a top long-term stock, with strong performance in artificial intelligence and cloud computing. Nvidia (NVDA) is also recommended for its dominance in the tech industry, particularly in AI. Alphabet (GOOG, GOOGL) is mentioned for its steady climb and reorganization of its advertising business, while Li Auto (LI), SoFi Technologies (SOFI), Amazon (AMZN), and Palantir (PLTR) are also highlighted as promising long-term stocks.

These companies all have strong potential for growth and are positioned to perform well in 2024 and beyond. Their revenue, profit, and industry dominance are noted as factors contributing to their long-term investment potential.



Read more: Why These 7 Long-Term Stocks Should Be on Your Radar in 2024