Tech & Energy Surge – Is the Rally Just Beginning?
Best Stocks to Buy and Hold in December 2024 | The Motley Fool
The final stretch of December is heating up as major stocks from the tech and energy sectors grab headlines. With the S&P 500 hovering near its all-time high, investors are watching closely to see if these key stocks will drive a year-end rally.
Top Stocks to Watch Today:
1️⃣ NVIDIA (NVDA) $NVIDIA(NVDA)$ : NVIDIA continues to dominate as the AI boom accelerates. The stock has surged +10% in December alone, driven by record demand for its H100 GPUs. Analysts from Morgan Stanley have revised their target to $600 by Q1 2025, citing strong cloud AI infrastructure spending.
Can NVIDIA continue its upward trajectory to hit $700 in 2025?
2️⃣ Apple (AAPL) $Apple(AAPL)$ : Apple announced new AI-powered updates to its iPhone lineup, leading to a 2% intraday jump. Investors are optimistic about the January earnings report, expecting strong holiday sales for the iPhone 15 Pro series.
Will Apple’s AI advancements push the stock to $220?
3️⃣ ExxonMobil (XOM) $Exxon Mobil(XOM)$ : Oil prices rebounded above $75 per barrel, and ExxonMobil is benefiting from the price surge. Goldman Sachs forecasts further gains as energy demand recovers. Exxon’s stock is trading at a solid dividend yield of 3.5%, making it attractive for long-term investors.
Can ExxonMobil surpass $120 as oil prices climb further?
Stock Performance of NVIDIA, Apple, and ExxonMobil YTD
Key Metrics of Top Stocks to Watch
Discussion Questions:
🔸 Which of these stocks do you think will drive the next market surge?
🔸 Is NVIDIA’s AI dominance sustainable into 2025?
🔸 Are energy stocks like ExxonMobil a hidden gem for long-term investors?
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$NVIDIA(NVDA)$ would still be a hot stocks for 2025, AI generation.