Saturday, May 25, 2024

10 Best Investments for 2024

To begin our holiday weekend, here is the latest wrap up on the best bets for this year so far ... 


10 Best Investments for 2024

Amid AI innovations, utilities and energy lead the S&P 500 going into the second half of 2024.

By Kate Stalter

|Edited by Jordan Schultz

U.S. News Invested

|May 23, 2024, at 2:05 p.m.

 The tech sector has outperformed the broader S&P 500 this year, fueled by growth in artificial intelligence and cybersecurity.

 

Key Takeaways

  • Technological and geopolitical trends are major drivers of stock prices in 2024.
  • The usually sleepy utilities sector has led S&P 500 performance, fueled by optimism about revenue from AI data centers.
  • U.S. large-cap stocks rebounded after downside trade in March and April, driven by the energy sector.
  • While large growth has been dominant, a balanced portfolio includes other equity asset classes and fixed income.

Here's a look at sectors and broad asset classes and how they may fare this year:

 


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