The S&P 500 Just Hit Another All-Time High: 3 Growth Stocks to Buy Hand Over Fist Now
Almost daily the S 500 index sets a new high, driven by increasing optimism about the growth prospects of the U.S. economy and cooling inflation in 2024.
Many growth stocks, especially technology stocks, have played a key role in this rally. In an improving macroeconomic environment, many high-quality growth stocks can continue to rise in 2024. Here's why Advanced Micro Devices (NASDAQ: AMD), CrowdStrike (NASDAQ: CRWD), and Salesforce (NYSE: CRM) fit the bill and can prove attractive picks now.
Advanced Micro Devices, a prominent semiconductor maker, has been a major beneficiary of businesses shifting to cloud-based services. Subsequently, data centers have increasingly used the company's third-generation and fourth-generation EPYC server processors to fulfill rising demand for high-performance computing and enterprise data storage.
Source Fool.com
