I believe 2024 will see a very different group of leadership to 2023. Falling rates should benefit Financials and Utilities. Of course AI will continue to be a theme which will benefit Technology, but the rally in Technology will not be restricted to the large cap names - rather, there should be many opportunities in the more beaten up names. One stock that I think could do well is
$Zoom(ZM)$ . This stock has gone nowhere for a while despite consistently beating earnings, and their balance sheet as well as customer retention looks extremely strong. They are also the AI play that few people have been taking about.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments