Are growth stocks a good investment in 2024?

In addition, he says growth stocks may have superior earnings opportunities relative to the rest of the market in a slowing economy. As a whole, analysts are optimistic about the outlook for stock prices in 2024. The consensus analyst price target for the S&P 500 is 5,090, suggesting roughly 8.5% upside from current levels.

Will 2024 stock picks beat the market?

James K. Glassman is a visiting fellow at the American Enterprise Institute. His most recent book is Safety Net: The Strategy for De-Risking Your Investments in a Time of Turbulence. These 2024 stock picks have the potential to beat the market over the next 12 months.

What should analysts expect from the 2024 stock market rally?

Looking ahead to second quarter reports, analysts are calling for: DataTrek Research co-founder Nicholas Colas says the 2024 stock market rally is not just about this year but about the outlook for 2025 and 2026 as well. “Markets are convinced that U.S. large cap companies will see many years (not just one) of improving earnings.