SOFI - Nasdaq Could See a Major Rally in 2024: 2 Growth Stocks to Buy Now
2024-01-02 07:45:00 ET
Wall Street had a pretty impressive run in 2023. The Nasdaq Composite , which includes over 3,000 securities, gained about 44% in 2023.
Investor sentiment has been quite upbeat, with the U.S. economy showing stronger-than-expected corporate earnings and third-quarter gross domestic product growth that exceeded forecasts. The increased investor confidence could further drive up the stock market, including the Nasdaq (which contains many tech and growth stocks), at least in the early months of 2024.
Against this backdrop, it makes sense for retail investors to pick up small stakes in fundamentally strong growth stocks such as SoFi Technologies (NASDAQ: SOFI) and CrowdStrike (NASDAQ: CRWD) Here's why these stocks are smart investments now.
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Nasdaq Could See a Major Rally in 2024: 2 Growth Stocks to Buy Now