Meet the Newest Stock in the Nasdaq. It's Soared 918% Since Last Year, and It's Still a Buy Right Now, According to Certain Wall Street Analysts.
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A new stock in the Nasdaq has soared 918% since last year and is still considered a buy by some Wall Street analysts. The Nasdaq Composite index, which includes over 3,000 stocks, recently hit its 27th all-time high this year.
December 01, 2024 | 10:30 am
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The Nasdaq Composite index, which includes over 3,000 stocks, has reached its 27th all-time high this year, indicating strong performance in the tech sector.
The Nasdaq Composite's repeated all-time highs suggest a robust tech market, which is positive for the index and its operator, Nasdaq, Inc. (NDAQ). This could attract more investors and increase trading volumes, benefiting NDAQ.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50