3 Stocks That Have Already Doubled Again in 2024

From Nasdaq Corporate Solutions: 2024-04-01 11:55:00

In the first quarter of 2024, some investors saw big gains with stocks like Super Micro Computer, MicroStrategy, and Root doubling in value already this year. Super Micro Computer saw a 255% increase fueled by accelerated computing demand. MicroStrategy rose by 170%, driven by its large Bitcoin holdings. Root surged 483%, rebounding from past declines by redefining auto insurance. Though profitable, these companies face risks in their markets and competition. However, their impressive growth and potential continue to attract investor interest.

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