The stock market has shown strong growth in 2024, with expectations for continued bullish trends.

From Nasdaq: 2024-10-28 17:11:00

Stocks have defied worries about the presidential election, inflation, and other concerns to climb higher in 2024. The S&P 500 Index is up 22% and the Nasdaq is up 23%, making it the best start ever in a presidential election year. Investors wonder if this upward trend will continue.

Big tech companies like Meta Platforms, Arm Holdings, and Alphabet are expected to see continued gains in 2025 due to strong earnings and forward expectations. Companies like Nvidia and Tesla are also expected to perform well, with Tesla guiding auto growth to 25% in 2025.

Investors are bullish on big tech stocks like Meta and Apple, as they see strength in these companies as a positive sign for the overall market. Seasonal trends also favor a bullish market, with November, December, and January historically being the best months for stocks.

Despite the current rally, U.S. equity positioning is still underweight compared to past presidential election cycles, indicating there is room for more upside in domestic markets. Risk-on industries are performing well, while risk-off areas like energy are seeing declines.

Overall, the signs point to the bull market continuing into Q4, with opportunities for growth in big tech stocks and other sectors. Investors can access Zacks’ picks and recommendations for just $1 to stay informed and capitalize on potential gains.



Read more at Nasdaq: 5 Reasons to be Bullish Stocks in Q4