How $10,000 Turned Into $500 Million in the 2024 U.S. Stock Market？

Moomoo News Global joined discussion · Dec 31, 2024 15:03

How $10,000 Turned Into $500 Million in the 2024 U.S. Stock Market？

As 2024 nears its end, we reflect on a standout year for U.S. equities. The $S&P 500 Index (.SPX.US)$ has climbed more than 23%, marking the second consecutive year of a bull market. Market gains have been fueled by AI-related themes, presenting lucrative opportunities across sectors like Donald Trump's presidential campaign, bitcoin's path to $100,000, quantum computing, and Chinese equities, offering traders swift profits.

Our analysis shows that investors who perfectly timed nine of this year's hottest stocks could have seen nearly 50,000-fold returns. A $10,000 initial investment in these stocks, selected monthly, could have grown to nearly $500M by year-end.

Let's revisit the wealth creation story of U.S. stocks. Stay tuned with moomoo News as we continue the journey in 2025！

January: Investors bet on a merger between Digital World Acquisition Corp and Trump Media & Technology Group, sending the stock surging 117%.

February: $SoundHound AI (SOUN.US)$ soared 347%. Nvidia's 13F filing disclosed an $11 million stake in AI voice recognition firm SoundHound AI, boosting investor confidence and driving the stock higher.

March: $MicroStrategy (MSTR.US)$ gained 67%. MicroStrategy's Michael Saylor announced the acquisition of 12,000 bitcoins for $822 million, increasing the company’s holdings to 205,000 bitcoins, worth over $15 billion, fueling positive sentiment and lifting the stock.

April: $Semtech (SMTC.US)$ rose 37%. Semtech, a semiconductor and IoT systems provider, benefited from sector recovery and increased demand, prompting analysts to raise its target price.

May: $AST SpaceMobile (ASTS.US)$ jumped 274%. ASTS secured a landmark agreement with AT&T to provide space-based broadband, followed by a $100 million prepayment from Verizon, expanding its potential market reach to 2.7 billion users.

June: $TeraWulf (WULF.US)$ increased 104%. The crypto mining sector experienced a merger frenzy, raising interest in companies like TeraWulf due to its favorable energy contracts and mining capacity growth.

July-August: $Lumen Technologies (LUMN.US)$ rallied 186% in July and 67% in August. Rising demand for fiber networks drove new business orders worth $5 billion, coupled with an additional $7 billion in AI opportunities, triggering a short squeeze and further stock gains.

September: $NIO Inc (NIO.US)$ advanced 65%. Chinese government economic stimulus measures led to a rebound in Chinese assets, boosting NIO’s stock.

October: As the election neared, Trump's odds of victory rose, sending $Trump Media & Technology (DJT.US)$ up 120%. Our article 'Trump Trade' Returns as Election Nears detailed multiple Trump-related stock plays.

November-December: $Quantum Computing (QUBT.US)$ skyrocketed 530% in November and 170% in December. Tech giants' increased investment in quantum computing and a NASA contract propelled the stock, as highlighted in our piece 'Google's Shares Surge on Its 'Willow' Chip: What You Need to Know?'

Will these 2024 stock stars shine again in 2025? What are your thoughts, mooers?

Source: Yahoo Finance, Bloomberg

by moomoo News Olivia

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more