Following the 2020 pandemic, the U.S. stock market has experienced significant volatility, with alternating bull and bear rallies. Despite this, it has continued to generate wealth for long-term investors. If you had invested $1,000 in the S&P 500 index on Jan. 1, 2019, your investment would have grown annually at 15% (with dividends reinvested) to $2,034.90 at the end of January 2024.
The S&P 500 index has reached multiple record highs in 2024, presenting attractive investment opportunities for persistent investors. With artificial intelligence (AI) emerging as a hot investment theme of the decade, investors can consider investing in Palantir Technologies (NYSE: PLTR) and Super Micro Computer (NASDAQ: SMCI).
Here’s why these stocks are smart buys now.
Palantir
Shares of leading data mining software and machine learning specialist Palantir have gained nearly 50% since the company released a stellar fourth-quarter earnings report on…
2024-03-06 07:00:00
Original from finance.yahoo.com