"2 Tech Stocks to Buy Now for a Potential Nasdaq Surge in 2024 After a Record Year"

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Source: The Motley Fool
"2 Tech Stocks to Buy Now for a Potential Nasdaq Surge in 2024 After a Record Year"
Photo: The Motley Fool
TL;DR Summary

Historical trends suggest the Nasdaq Composite may continue to rise in 2024, following its recovery in 2023. Investors are eyeing stock-split companies like Shopify and Tesla, which have shown significant growth and are expected to benefit from the tech rally. Shopify, with its recent stock split and suite of AI-powered tools, is poised to capitalize on the growing e-commerce market. Tesla, having undergone two stock splits and with the Model Y becoming the world's best-selling car, is expected to see continued growth and improved margins as economic conditions stabilize. Both companies are recommended as stocks to watch before the anticipated Nasdaq surge in 2024.

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