7 Magnificent Stocks That Can Double Your Money in 2024
What a difference a year can make on Wall Street. After enduring two bear markets in less than three years, all three major indexes soared in 2023. The iconic Dow Jones Industrial Average climbed to a record high, while the broad-based S 500 and growth-focused Nasdaq Composite rallied by 24% and 43%, respectively. It was a phenomenal year for optimists.
However, putting your money to work on Wall Street isn't about where stocks have been, so much as where they're headed next. Based on a handful of predictive tools and money-based metrics, 2024 looks as if it'll be a more challenging year for equities. In other words, a bit of a stock picker's market.
The good news is that, regardless of what's thrown investors' way in the new year, bargains can still be found. For investors willing to swing for the fences, the following seven magnificent stocks are fully capable of doubling your money in 2024.
Source Fool.com
