"Top Tech Stocks for 2024 Nasdaq Surge"

1 min read
Source: The Motley Fool
"Top Tech Stocks for 2024 Nasdaq Surge"
Photo: The Motley Fool
TL;DR Summary

The Nasdaq Composite's historical data suggests a potential 19% average return in 2024, prompting investors to consider tech stocks like HubSpot and Snowflake. HubSpot, known for inbound marketing, has expanded into CRM solutions and AI tools, with strong financial growth and a growing market opportunity. Snowflake offers cloud-based data storage and analysis tools, showing strong revenue growth and customer metrics, with a forecasted revenue of $2.65 billion in fiscal 2024 and a massive market opportunity. Both stocks have high growth potential but are selling at a premium.

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