10 Unsurpassed Stocks That Can Make You Richer in 2024
From Nasdaq Inc.:
In 2023, the stock market showed strong growth with the Dow Jones, S&P 500, and Nasdaq all reaching record highs. Despite concerns about a potential recession, there are still opportunities for investors to find amazing deals. Here are 10 top stocks that can make you richer in 2024, starting with Alphabet, NextEra Energy, and AT&T.
Alphabet, the parent company of Google and YouTube, continues to dominate the internet search market and is expanding its high-growth initiatives, making it an attractive investment in 2024.
NextEra Energy, the largest electric utility, is focused on renewable energy and has seen significant growth in its operating capacity and earnings since 2012, making it a promising pick for investors this year.
Telecom company AT&T has successfully executed its operating business and made progress with its balance sheet, making it an appealing stock for investors in 2024.
Annaly Capital Management, a mortgage real estate investment trust, is poised for success in a dovish Federal Reserve monetary policy environment, allowing for a higher net interest margin.
Healthcare company UnitedHealth Group has a history of providing strong returns for shareholders. Its health insurance segment and subsidiary Optum make it a compelling investment for 2024.
Alibaba, a dominant force in China’s e-commerce and cloud infrastructure services, is expected to benefit from the country’s steady return to normalcy, making it a prime stock for investors this year.
PayPal Holdings, a leading fintech company, is seeing growth in user engagement and taking steps to tighten its operations, making it an undervalued stock with strong potential for growth in 2024.
Altria Group, known for its Marlboro cigarette brand, has exceptional pricing power and a high dividend yield, making it a valuable investment as consumers continue to be aware of the health risks associated with tobacco use.
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