Reported 12 months ago
The S&P 500 outperformed the S&P 500 Equal Weight Index by over 10% in the first half of 2024, driven by a few key AI companies like Nvidia, Microsoft, Amazon, and Alphabet. This market trend has historical significance and suggests a potential 18% return in the S&P 500 by June 2025. While some see parallels with past market bubbles, analysts believe AI stocks are not in a bubble and could lead to significant wealth creation for patient investors.
Source: YAHOO