SMCI - 3 Stocks That Have Already Doubled Again in 2024
2024-04-01 11:55:00 ET
We may be just three months into 2024, but some investors made a lot of money in the first quarter. Shares of Super Micro Computer (NASDAQ: SMCI) , MicroStrategy (NASDAQ: MSTR) , and Root (NASDAQ: ROOT) have already more than doubled in 2024.
They are among just 21 stateside-listed stocks with market caps greater than $800 million that have doubled this year, and they are the rare early victors of 2024 that also more than doubled last year. Let's take a closer look at how these three produced wealth-altering returns in just the last three months.
The market's top gainers rarely come through with repeat performances the following year, but Super Micro Computer is hoping to break that mold. The stock has more than tripled in this young year, and that was after more than tripling in 2023.
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3 Stocks That Have Already Doubled Again in 2024