These Were the 5 Top-Performing Stocks in the Nasdaq-100 in 2024
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In 2024, tech stocks, particularly AI-focused companies like Nvidia and Palantir, led the market rally. The Nasdaq-100 outperformed the S&P 500 with a 25.9% gain compared to the latter's 25%.
January 09, 2025 | 3:00 pm
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Nvidia, a leading AI stock, contributed significantly to the Nasdaq-100's 25.9% gain in 2024, reflecting strong market performance.
Nvidia's performance as a leading AI stock was instrumental in the Nasdaq-100's outperformance, indicating strong investor confidence and potential for continued growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Palantir Technologies, despite a slight drop, was a major AI stock that helped drive the Nasdaq-100's gains in 2024.
Palantir's involvement in the AI sector contributed to the Nasdaq-100's gains, suggesting strong market interest despite a small decline in its stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70