Investors can benefit from market momentum by following expert strategy, buying NVIDIA and Vistra.

From Nasdaq: 2024-12-04 15:05:00

The S&P 500 hits 6,000 due to U.S. economic growth and a strong labor market. Experts predict it could reach 7,000 by 2025. Investors can benefit from the market momentum by following Richard Driehaus’ strategy of “buy high, sell higher” and investing in stocks like NVIDIA and Vistra using this approach.

Driehaus’ strategy focuses on stocks with strong earnings growth rates and positive relative strength. By using screening parameters like Zacks Rank, EPS growth rates, and momentum scores, the strategy narrows down to only 51 potential stocks, including NVIDIA and Vistra. These stocks have shown consistent earnings surprises and positive trends.

NVIDIA and Vistra, with Zacks Rank #1 and #2 respectively, have momentum scores of B. Both have had strong earnings surprises in the past, making them attractive picks. Investors can access the full list of stocks meeting these criteria through the Research Wizard tool, helping them make informed investment decisions.

Zacks’ Research Chief highlights a top stock set to double in value soon. This innovative financial firm with a growing customer base and cutting-edge solutions shows great potential for significant gains. While not all picks are winners, this stock could outperform previous Zacks’ recommendations like Nano-X Imaging. For more information and the full list of top stocks, sign up for a free trial of the Research Wizard today.



Read more at Nasdaq: Buy Momentum Stocks NVIDIA & Vistra as S&P 500 Aims for 7,000