2024 has been a successful year for the US stock market. The S&P 500 index has grown by 27.1% (as of 12/25/2024), and some stocks have shown significant growth.
Unibank Invest, which presented many interesting investment ideas during the year, has highlighted the 10 best ones that have shown impressive results.
Reddit (NYSE: RDDT): +204.3% growth
United Airlines (NASDAQ: UAL): +156.1% growth
Taiwan Semiconductor Manufacturing (NYSE: TSM): +104.7% growth
Broadcom (NASDAQ: AVGO): +93.8% growth
Marvell Technology (NASDAQ: MRVL): +74.4% growth
Carnival (NYSE: CCL): +64.3% growth
Delta Air Lines (NYSE: DAL): +56.4% growth
Vertiv Holdings (NYSE: VRT): +47.5% growth
Apple (NASDAQ: AAPL): +44.5% growth
Zoom Video Communications (NASDAQ: ZM): +42.8% growth
The obvious leader was the social network Reddit, which held a successful IPO in March and showed high growth for the year. The development of artificial intelligence has contributed to the success of chip and equipment companies such as Taiwan Semiconductor Manufacturing, Broadcom, Marvell Technology, Vertiv Holdings.
Airlines United Airlines, Delta Air Lines and cruise operator Carnival have survived the COVID-19 pandemic and have shown signs of recovery.
A total of 99 investment ideas were published, of which 53 are profitable, and 46 are currently in the negative zone, but can reach their full potential next year.