My Highest-Conviction Stock for 2024 Is Trouncing the Market This Year. Should You Buy It for 2025?

Motley Fool12-22 18:07

This high-conviction stock has roughly doubled the return of the S&P 500 so far in 2024. The stock's strong sales growth and rapidly increasing profitability have been key factors behind its ...

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Should You Buy It for 2025?","media":"Motley Fool","content":"<div>\n<p>This high-conviction stock has roughly doubled the return of the S&P 500 so far in 2024.\n\n\n\n\n\n\n\nThe stock's strong sales growth and rapidly increasing profitability have been key factors behind its ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/12/22/my-highest-conviction-stock-for-2024-is-trouncing/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>My Highest-Conviction Stock for 2024 Is Trouncing the Market This Year. 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Should You Buy It for 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-22 18:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/12/22/my-highest-conviction-stock-for-2024-is-trouncing/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This high-conviction stock has roughly doubled the return of the S&P 500 so far in 2024.\n\n\n\n\n\n\n\nThe stock's strong sales growth and rapidly increasing profitability have been key factors behind its ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/12/22/my-highest-conviction-stock-for-2024-is-trouncing/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237957811.SGD","symbol_name":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","start_time":0,"source_url":"https://www.fool.com/investing/2024/12/22/my-highest-conviction-stock-for-2024-is-trouncing/","article_id":"2493248343","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F801677%2Fstock-chart-rocket.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493248343","pubTimestamp":1734862020,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"This high-conviction stock has roughly doubled the return of the S&P 500 so far in 2024.No matter how much you like a given stock, you can usually find another you like even better. 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With only a few days remaining in the year, Amazon's shares have soared around 47% -- roughly twice as much as the S&P 500 index.Why did Amazon rank so highly for me?","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4503":"景林资产持仓","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","BK4561":"索罗斯持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","TTM":"塔塔汽车","LU1880398471.USD":"AMUNDI FUNDS GLOBAL EQUITY \"A2\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4592":"伊斯兰概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","LU1791710400.SGD":"Fidelity Global Demographics A-ACC-SGD","SG9999001077.SGD":"United International Growth Fund SGD","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0823421416.USD":"BNP PARIBAS DISRUPTIVE TECHNOLOGY \"C\" (USD) INC","USAW.SI":"AMZN 3xLongSG261006","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","AMZN":"亚马逊","LU0107464264.USD":"abrdn SICAV I - GLOBAL INNOVATION EQUITY \"A\" (USD) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","SG9999002232.USD":"Allianz Global High Payout USD","BK4527":"明星科技股"},"translate_title":"我对2024年最有信心的股票今年将击败市场。2025年该不该买？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTM":1,"AMZN":0.9,"USAW.SI":0.6},"content_text":"This high-conviction stock has roughly doubled the return of the S&P 500 so far in 2024.\n\n\n\n\n\n\n\nThe stock's strong sales growth and rapidly increasing profitability have been key factors behind its success.\n\n\n\n\n\n\n\nAll of the factors behind its outperformance this year remain in place going into 2025.\n\nNo matter how much you like a given stock, you can usually find another you like even better. Eventually, though, you'll get to the one stock that stands above all the rest.In January, I identified stocks that I especially liked for 2024. One ranked at the top of the list as my highest-conviction stock. Luckily for me, that stock has trounced the market this year. What is this stock, and should you buy it for 2025?My highest-conviction stock for 2024I won't build the suspense further. My highest-conviction stock for 2024 was...Amazon (AMZN 0.73%). With only a few days remaining in the year, Amazon's shares have soared around 47% -- roughly twice as much as the S&P 500 index.Why did Amazon rank so highly for me? In part because I didn't view the company's business as risky. After all, Amazon is the 800-pound gorilla of e-commerce. It's the leader in the cloud services market. I liked (and still like) its moat.Amazon's growth opportunities also seemed obvious to me at the beginning of 2024. I fully expected the company's Amazon Web Services (AWS) unit to deliver strong growth as organizations shifted their IT spending to the cloud. My take was that artificial intelligence (AI) would continue to serve as a major tailwind for AWS.I also recognized in January that Amazon was focusing intently on increasing its profitability. The company's earnings had more than tripled year over year in its most recent quarterly update. I wrote, \"I expect these efforts to show up in Amazon's quarterly results this year and provide nice catalysts that further boost its share price.\" Why Amazon has performed so well this yearIt didn't require Nostradamus-like powers to predict any of those things. Amazon is one of the most well-known companies in the world. Anyone who even cursorily examined its business would realize it was a good investment.Also, well over 100 other stocks with market caps of $10 billion or more delivered even greater gains than Amazon has so far in 2024 (including several that I own). Perhaps one of them should have been my highest-conviction stock for the year. However, Amazon has nonetheless performed very well in 2024. And it did so for exactly the reasons I (and plenty of other investors) thought it would. The company's e-commerce business has unsurprisingly hummed along with Prime Day yet again notching record sales. AWS has continued its momentum with more AI offerings to customers.Arguably most importantly, though, Amazon's focus on profitability has paid off as anticipated. The chart below shows how the company's trailing-12-month net income has increased over the last year.AMZN Net Income (TTM) data by YChartsAs earnings go, so go share prices (at least over a long enough period). I would have been stunned if Amazon stock hadn't risen significantly this year considering the progress it's made on improving its bottom line.Is Amazon stock a good pick for 2025, too?I'm thankful Amazon has been a solid winner for me this year. But is the stock a good pick for 2025, too? I think so.The investing thesis I laid out for Amazon in early 2024 remains intact. The company still has a tremendous moat. It still has strong growth prospects, particularly with AWS. Amazon CEO Andy Jassy is sticking with his prediction that the current mix of roughly 85% of global IT spending on-premises versus 15% in the cloud will flip over the next 10 years or so. AI continues to serve as a massive tailwind for AWS. Amazon's profitability will likely increase further next year.All things considered, Amazon will still rank among my highest-conviction stocks going into 2025. Will it retain its position at the top of my list? I'm still thinking about that question.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493248343"}