Forget Nvidia: These 2 Supercharged Growth Stocks Offer More Tantalizing Upside in 2024
Wall Street turned in a banner performance in 2023. When the curtain closed, the Dow Jones Industrial Average had managed to hit multiple record highs, while the S 500 and Nasdaq Composite shot higher by 24% and 43%, respectively. A fresh bull market has emerged, and growth stocks are to thank for it.
Although the "Magnificent Seven" have collectively taken credit for the outperformance of the S 500 and Nasdaq Composite since the start of 2023, no megacap growth stock has stood out more than semiconductor company Nvidia (NASDAQ: NVDA). Shares have skyrocketed more than 327% in less than 13 months, with the company tacking on more than $1 trillion in market value.
Source Fool.com