These 3 Stocks Tripled in 2024. Which One Is the Best Buy for 2025?
From Nasdaq.: 2025-01-04 11:50:00
Sweetgreen (NYSE: SG) struggled after going public in 2021, but by November 2024, its stock had tripled. Reddit (NYSE: RDDT) and IonQ (NYSE: IONQ) also saw impressive gains in 2024, with shares more than tripling in value. Sweetgreen’s success in 2024 can be attributed to its Infinite Kitchen model, focusing on automation to improve profitability. Reddit’s growth was driven by international market expansion and improved financials, while IonQ’s success was bolstered by third-party validation and a growing interest in quantum computing. Analysts believe Sweetgreen has the most promising outlook for 2025 due to its innovative strategies and potential for growth.
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