26.12.2024 11:30:00

2 Stocks to Buy Hand Over Fist Before the Nasdaq Soars Higher in 2025

Technology stocks have been in scintillating form on the market in the past couple of years, which is evident from the 86% gains clocked by the Nasdaq Composite index during this period, and the good news is that the impressive run in tech stocks could continue in 2025 as well.Historical trends show that the Nasdaq Composite has averaged gains of 17% in the year following a calendar year in which it logged 20%-plus gains. Meanwhile, the index has averaged an annual gain of 19% in a year following a year in which it clocked a 30% jump. It is worth noting that the Nasdaq Composite index is up just over 32% so far in 2024, as of this writing.Of course, past performance isn't a reliable indicator of what the future holds, but a closer look at the trends in the technology market indicates that the Nasdaq could indeed head higher in 2025. From strong economic growth in the U.S. to robust consumer spending to disruptive tech trends such as artificial intelligence (AI), there are multiple factors that could help tech stocks soar higher in the new year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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