2 Nasdaq 100 Stocks That Are Screaming Buys in 2024 and 1 to Avoid
When the curtain closed on 2023, optimists emerged as winners (as is often the case). Although the Dow Jones Industrial Average made headlines for streaking to a record high, it's the 43% gain for the Nasdaq Composite and the even more robust 54% increase in the Nasdaq 100 that really shined brightest. These gains demonstrate that investors' appetites for growth stocks and innovation is as strong as ever.
But just because the Nasdaq 100 was a standout index in 2023 doesn't mean all 101 of its components share the same outlook. (One company has two classes of shares, which is why there are 101 and not 100 components.) As we push ahead into 2024, two Nasdaq 100 stocks have separated themselves as exceptional buys, while another high-flying component with waning first-mover advantages is worth avoiding.
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Source Fool.com
