2 Small-Cap Stocks Wall Street Left Behind, but That Could Explode in 2024
The benchmark S 500 index is sitting on a gain of 24% this year (including dividends), which is way above its average of 13.7% over the last 10 years.
But most of this year's gains were delivered by a group of mega-cap technology stocks called the "Magnificent Seven." It includes Apple, Microsoft, Amazon, Alphabet, Nvidia, , and Meta Platforms.
Together, they account for 28% of the value of the S 500. Therefore, the seven tech giants have a huge influence over the general direction of the market, and each of them has significantly outperformed this year -- Nvidia, Tesla, and Meta Platforms have each doubled.
Source Fool.com
Tesla Inc Stock
€202.35
-0.520%
Currently there is a rather positive sentiment for Tesla Inc with 73 Buy predictions and 29 Sell predictions.
As a result the target price of 245 € shows a positive potential of 21.08% compared to the current price of 202.35 € for Tesla Inc.
