From Nasdaq:

The S&P 500 hit a new record high, confirming that we’ve been in a bull market since late 2022. The last four bull markets have spanned more than 8 years, resulting in triple-digit gains for the S&P 500. With this history in mind, the index could deliver a double-digit increase this year and a triple-digit one by the end of the bull market.

Growth stocks like Amazon, Nvidia, and Alphabet thrived in 2023 and still offer fantastic buying opportunities. Alphabet’s forward earnings estimates look inexpensive and its investments in AI are set to improve Google Search, leading to more earnings growth over time. Quality companies with great prospects can help you win over time, regardless of market phases.

Investing in the S&P 500 Index can be a good move, but the Motley Fool Stock Advisor believes there are 10 better stocks to buy now, which could produce monster returns in the coming years. The Stock Advisor service has more than tripled the return of S&P 500 since 2002. John Mackey, former CEO of Whole Foods Market, and Suzanne Frey, an executive at Alphabet, are board members of The Motley Fool.



Read more: A Bull Market is Here. History Says This Could Happen Next.