From Nasdaq:

It’s uncertain which stocks will dominate 2024, but quality growth stocks tend to perform well over time. Tesla, Microsoft, and Enphase Energy, despite being pricier stocks, have clear steps to grow earnings in the coming years according to three Motley Fool contributors. Tesla’s strategy of lowering prices for the high-growth EV market is sustaining its market leadership and production plans. Microsoft is becoming an AI-focused investor’s smart choice through its integration of AI in its products and a $10 billion investment in Open AI. Enphase Energy experienced a wild 2023, with stock falling 50% despite a 72.2% rebound at the end of the year. Interest rates impacted Enphase’s growth, and a turnaround is only expected in the second half of 2024. Impatient investors could affect stock performance, but investors with a high risk tolerance could consider buying Enphase, as it is extremely volatile.



Read more: 3 High-Growth Stocks for 2024