Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

【2024 Review】Check out this year's skyrocketing stocks! Could they rise up to 8 times amid the surge in US stocks?!

avatar
moomooニュース米国株 wrote a column · 2 hours ago
As 2024 comes to a close, looking back on this year, the US stock market has continued the 'bull market' since 2023, with major equity indices hitting new record highs one after another. The Nasdaq Composite Index rose by more than 33%, breaking through the milestone of 0.02 million points.
Among US stocks with a market capitalization exceeding 10 billion dollars, the top 10 stocks in terms of year-to-date growth rate.
Over the past year, Artificial Intelligence has become mainstream, sweeping from semiconductor stocks to software stocks, and even to power generation stocks that provide AI infrastructure. A leading US AI advertising and marketing giant $Applovin (APP.US)$soared nearly 750% year-on-year, becoming the strongest gainer of the year. Following that, $Palantir (PLTR.US)$and $Vistra Energy (VST.US)$Also gaining attention from investors with good performance. On the other hand, with support from Mr. Trump's policies, a bullish trend in cryptocurrencies has begun, and cryptocurrency-related stocks are not losing out either, with holdings in Bitcoin $MicroStrategy (MSTR.US)$showing the strongest performance with an annual growth rate of 550%, becoming the top cryptocurrency-related stock.
【2024 Review】Check out this year's skyrocketing stocks! Could they rise up to 8 times amid the surge in US stocks?!
Among others, there are many popular stocks that have brought significant returns to investors. A social media company that went public in March this year and surged 388% in a year, $Reddit (RDDT.US)$saw its revenue soar with an AI strategy, fueled by an AI license agreement with OpenAI and Google for the next two years' revenue growth, pushing the stock price to a new record. A platform for used car e-commerce, $Carvana (CVNA.US)$Once faced with the crisis of bankruptcy, but successfully escaped from the predicament through its own efforts, causing the stock price to almost quintuple.
Among the US mega-cap stocks with a market capitalization exceeding $400 billion, the top 10 stocks in terms of year-to-date increase.
In addition to the soaring stocks, major players in the information technology sector are steadily growing, supporting the sustained rise of the US stock market. Maintaining outstanding performance since last year, the "AI Champion" who challenged the throne of the US stock market capitalization this year saw a rise of 181% year-to-date. $NVIDIA (NVDA.US)$Following this, it also hit an all-time high this year. Boosted by the resilience of US consumer spending and strong earnings, the retail giant also recorded an increase of over 80% for the year.
【2024 Review】Check out this year's skyrocketing stocks! Could they rise up to 8 times amid the surge in US stocks?!
$Netflix (NFLX.US)$and $Taiwan Semiconductor (TSM.US)$Among the US mega-cap stocks with a market capitalization exceeding $400 billion, the top 10 stocks in terms of year-to-date increase. $Walmart (WMT.US)$In addition to the soaring stocks, major players in the information technology sector are steadily growing, supporting the sustained rise of the US stock market. Maintaining outstanding performance since last year, the "AI Champion" who challenged the throne of the US stock market capitalization this year saw a rise of 181% year-to-date.
Several companies including 'Mag 7' are also on the list. $Meta Platforms (META.US)$and $Amazon (AMZN.US)$Focused on AI development, accelerated investment, and achieved high returns. $Tesla (TSLA.US)$Stocks were struggling until October this year, but dramatically reversed due to Elon Musk's dramatic victory on betting 'Trump's election', achieving a 70% year-to-date increase in the last two months of the year. Mr. Musk also became the world's first billionaire with more than $400 billion in net assets.
Institutions on Wall Street are currently expecting the S&P 500 index to rise to an average of 6400 points. As the new year approaches, optimistic views are expanding for the US stock market next year, expecting performance growth, companies' share buybacks, interest rate cuts, and economic recovery following President-elect Trump's inauguration.
Data as of December 11, 2024.
Source: MOOMOO, Wind, Bloomberg
MOOMOO News Vicky
【2024 Review】Check out this year's skyrocketing stocks! Could they rise up to 8 times amid the surge in US stocks?!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
2
1
2
2
5
+0
See Original
Report
34K Views
Comment
Sign in to post a comment
    avatar
    moomooニュース米国株
    moomoo News Official Account
    35KFollowers
    2Following
    78KVisitors
    Follow