I think 2024 will be a very successful year, more so than 2023, although we only started this column last September in 2023.
My personal picks have enjoyed relative success – in order of the pick, September: Nvidia [NASDAQ:NVDA] +32%, October: Skechers [NYSE:SKX] +29%, November: Palantir Technologies [NYSE:PLTR] –8% and December: General Dynamics [NYSE:GD] +8% compared to the US S&P 500 index being up +8.3% since we started the column; it goes to show that stock picking using fundamental research and analysis can pay off.
US Stock of the Month: Cyber security
My next pick is a global cyber security provider. Its cyber security platforms and services help secure enterprise users, networks, clouds and endpoints by delivering cyber security backed by artificial intelligence and automation.
It focuses on delivering value in four areas: Network Security, Cloud Security, Security Operations and Threat Intelligence and Security Consulting. Its network security platform delivers complete zero trust solutions to its customers.
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