The Dawn of a New Era: The Stocks That Will Shine in 2024

7Djs...DEpe
15 Mar 2024
1K


In a world where the economy moves at the pace of innovation and uncertainty, 2024 is emerging as the year of the great financial awakening. After overcoming a pseudo-recession that kept investors in suspense, the stock market is preparing for an unprecedented revolution.

The Resilience of the S&P 500


The S&P 500 index, a thermometer of economic strength, has surprised everyone and everyone with a rise of 19% in the last year, driven by the rise of artificial intelligence and the robustness of the American consumer. This growth, however, has not been a bed of roses. Volatility has been a constant, with investors pending every move by Jerome Powell and the Federal Reserve in their fight against inflation.


Changing of the Guard: From Megacapitalization to Cyclical Values


Stifel's Barry Bannister suggests that growth stocks that have led the market's rally will give way to cyclicals. The S&P 500 is expected to peak at 4,650 in mid-2024 as the Federal Reserve considers cutting interest rates amid persistent inflation.
To start investing in the stock market, it is not necessary to have a large sum of money. You can start with modest amounts, even from 1,000 euros, and as you gain experience and confidence, increase your investment. It is important to remember that commissions can influence profitability, so choosing a broker with low commissions is essential, especially when investing smaller amounts.


As for strategies to become profitable, here are some popular options:


  • Value Investing: Look for undervalued companies and wait for their price to adjust to their real value.
  • Growth Investing: Focuses on companies with significant future growth potential.
  • Dollar Cost Averaging: Invest a fixed amount of money at regular intervals, regardless of the stock price.
  • Momentum: Invests in stocks that have shown an increase in price and are expected to continue rising.
  • Index Investment: Invest in funds that replicate the performance of a stock index.


In searching for the best brokers to invest in the stock market in 2024, it is essential to consider those that offer a balance between security, diversity of financial products, competitive commissions and intuitive platforms. Here is a summary of the most prominent brokers:

  • eToro: With supervision of the CNMV of Cyprus and other regulatory entities, eToro stands out for its wide range of assets to invest in and its innovative 'copy-trading' service.


  • BBVA Trader: This broker offers sophisticated tools and rates adapted to the activity level of each investor, with the support of market specialists.


  • Interactive Brokers: Recognized for its strength and reputation, Interactive Brokers is ideal for investors looking for a multi-product platform with low commissions.


  • XTB: European leader in the sector, XTB allows you to trade physical stocks and ETFs commission-free, making it attractive to a wide range of investors.


  • DeGiro: Known for its low fees, DeGiro is an excellent option for those looking for a simple and efficient platform.

Among Stifel's recommendations, 50 large-cap cyclical stocks stand out that promise to be the key to successful investing1. Wall Street, for its part, is betting on a soft landing for the economy and predicts that the Federal Reserve will begin to lower rates in the first half of the year. Small caps and value stocks are also among the favorites to invest in this promising year.

2024 is presented as a golden year for bold investors seeking to capitalize on market changes. With a strategic vision and careful selection of actions, success is within reach. The key will be to stay informed and make decisions based on reliable analysis and emerging trends.

Get fast shipping, movies & more with Amazon Prime

Start free trial

Enjoy this blog? Subscribe to JorgeF

8 Comments