These 2 Magnificent Stocks Are Soaring in 2024. This 1 Must-Know Trait Makes Them Smart Buys Right Now.

As the market hits new all-time highs, the favorable environment and upbeat investor sentiment has lifted certain growth stocks more than others. Two dominant industry-leading companies are surging right now amid the momentum.

I'm talking about Airbnb (NASDAQ: ABNB) and Uber Technologies (NYSE: UBER). The alternative accommodations stock is up 18% this year, while the ride-hailing and delivery company's shares are up 24% since the start of 2024 (as of March 15).

These companies make for solid investment candidates right now, especially since they possess one very attractive trait. Let's take a closer look at Airbnb and Uber.

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Source Fool.com