A Bull Market Is Coming: 2 Super Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before They Skyrocket in 2024
The stock market has been in fine form in 2023, and the S 500 index has gained 28% since hitting its most recent low point on Oct. 12, 2022, which might be why some Wall Street analysts are saying that we are already in a bull market. And the good part is that stocks could jump even higher in 2024, according to analysts.
Equity research firm Fundstrat, for instance, predicts that the S 500 could jump 13% next year thanks to falling inflation and potential interest rate cuts by the Federal Reserve. Investment banks such as Deutsche Bank, RBC, and Bank of America are also expecting the S 500 to hit the 5,000 mark by the end of 2024.
The Nasdaq-100 Technology Sector index has delivered even larger gains of 62% since October last year. More importantly, the tech-heavy Nasdaq seems set for another strong year in 2024. That's why now is a good time to take a closer look at these two Nasdaq stocks that could deliver solid gains in 2024.
Source Fool.com
Royal Bank of Canada Stock
Currently there is a rather positive sentiment for Royal Bank of Canada with 5 Buy predictions and 2 Sell predictions.
As a result the target price of 121 € shows a positive potential of 23.19% compared to the current price of 98.22 € for Royal Bank of Canada.
