2 Stocks I'll Be Adding to My Retirement Account -- Even With the S&P 500 at an All-Time High
After the S 500 (SNPINDEX: ^GSPC) fell by over 19% in 2022, the stock market's most popular index has been on an impressive run since the beginning of 2023. It finished 2023 up by over 24%, and the momentum in 2024 has it at an all-time high.
The S 500's performance has been great news, but it can also cause some investors to question if now's the right time to enter the market or add to their holdings. Despite the index being at an all-time high, here are two stocks I'll be adding to my retirement account regardless. Each company has long-term growth potential and stability that I don't have to second-guess.
(NASDAQ: MSFT) is now the only company in the coveted $3 trillion market cap club, after Apple dropped below the mark (as of Jan. 29).
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 106 Buy predictions and 1 Sell predictions.
With a target price of 420 € there is a slightly positive potential of 7.2% for Microsoft Corp. compared to the current price of 391.8 €.
