As 2024 begins, there are opportunities and threats across the market. Investors looking to set up their portfolios for success should look at more than what happened in 2023 and instead look at where there's long-term, sustainable business momentum from companies.
In this video, Travis Hoium covers four trends to watch in 2024 and 10 stocks that could outperform the market.
*Stock prices used were end-of-day prices of Jan. 5, 2023. The video was published on Jan. 5, 2024.
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Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Airbnb, Alphabet, General Motors, MGM Resorts International, On Holding, Peloton Interactive, Portillo's, Spotify Technology, Verizon Communications, and Zillow Group. The Motley Fool has positions in and recommends Advanced Micro Devices, Airbnb, Alphabet, Amazon, Meta Platforms, Microsoft, Netflix, Nvidia, Peloton Interactive, Spotify Technology, Tesla, and Zillow Group. The Motley Fool recommends General Motors and Verizon Communications and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
