The AI rally with its US tech focus powering the bottom line drove the S&P 500 index to over 5,000 points for the first time in its history. 2024 will be a very successful year: after we started our Wall Street picks column last September my personal picks have enjoyed great success.
In order of the pick September: Nvidia [NASDAQ:NVDA] ($462.41 +56%, October: Skechers [NYSE:SKX] $48.29 +22%, November: Palantir Technologies [NYSE:PLTR] $17.79 +37%, December: General Dynamics [NYSE:GD] +10.3% January: Palo Alto Networks [NYSE:PANW] $340 +10.8% compared to the US S&P 500 index (4,515.77) being up +11.3% since we started the column in September 2023; it goes to show that stock picking using fundamental research and analysis can pay off – and you can beat the market - four out of six picks = 67%.
So what are we looking at this month?
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