These Are the 6 Top-Performing Stocks in the Nasdaq-100 With 2024 Almost Over
From Nasdaq: 2024-11-14 15:41:00
In 2024, investors have seen great returns, with the Nasdaq-100 index up 26% year-to-date. Six stocks in the index have gained over 70%, including Nvidia with a 197% return and a $3.6 trillion market cap. Other top performers include Constellation Energy, Arm Holdings, The Trade Desk, DoorDash, and Netflix.
These market leaders have taken different paths to success in 2024. Companies like Nvidia and Arm Holdings benefit from the AI systems frenzy, while The Trade Desk thrives on the online advertising market rebound. Netflix and DoorDash capitalize on consumer spending shifts, and Constellation Energy benefits from clean energy demand.
Despite their soaring performance, Wall Street analysts expect these stocks to continue climbing. All stocks on the list have an average analyst recommendation of “buy” or better. This positive outlook suggests the bull market may persist into 2025. For example, Nvidia may not be one of the top 10 stocks to buy now, but the Motley Fool Stock Advisor service has identified stocks that could offer significant returns in the future. The service has a track record of outperforming the S&P 500 since 2002, providing investors with insights on building a successful portfolio.
Read more at Nasdaq: These Are the 6 Top-Performing Stocks in the Nasdaq-100 With 2024 Almost Over