History Says the Nasdaq Could Surge in 2024: 2 Top AI Stocks to Buy With $1,000
Over the last few years, the stock market has been on a roller-coaster ride. Equities have swung from a bear market in 2022 to a booming recovery in 2023. Thankfully, the bull run looks set to continue.
According to an analysis of the Nasdaq Composite going back to 1971, this tech-heavy index has soared by an average of 19% each year after a recovery year like 2023. Though the past doesn't guarantee what's going to happen in the future, this information has buoyed investor optimism.
Let's explore why Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) could turn a $1,000 investment into much more over the long term for those who have $1,000 that they don't need for anything in the immediate- or near-term that they are ready to invest.
Source Fool.com
