The financial health and growth prospects of NDAQ, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.Nasdaq currently carries a Zacks Rank #3 (Hold). Year to date, the stock has gained 7.7% compared with the industry's rise of 5.9%. The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 1 cent north each in the past 30 days, reflecting analyst optimism.While both the DJIA and S&P 500 are used by investors to determine the general trend of the U.S. stock market, the S&P 500 is more encompassing, as it is based on a larger sample of total U.S. stocks.
Does the S&P 500 include the Nasdaq : How the S&P 500 Works. That's it. The index includes 500 of the largest (not necessarily the 500 largest) companies whose stocks trade on the New York Stock Exchange (NYSE), Nasdaq, or Chicago Board Options Exchange (CBOE).
Will Nasdaq grow in 2024
It recently reported its earnings for the second quarter of fiscal 2024. Revenue grew 103% year over year to $3.66 billion, and 73% over the prior quarter. This is exponential growth from a multibillion-dollar corporation, and management is guiding for over 200% year-over-year growth in the third quarter.
Will the Nasdaq ever recover : True to form, the Nasdaq-100 has bounced back with a whopping 47% gain this year. But investors will be pleased to know that bodes very well for 2024. In fact, rebound years like 2023 have always been followed by another positive year.
The average 10-year return of Nasdaq 100 over these 15 years was around 9%, while that of S&P 500 was about 5%. You could have earned a maximum 10-year CAGR return of 21% by investing in Nasdaq 100, while in the case of S&P 500, you could have earned a maximum return of 14% in the past 15 years.
Performance Of Nasdaq 100 Index
The Nasdaq 100 index has done well in recent years when compared to Indian equity markets. Nasdaq 100 TRI index has delivered a CAGR of 34.6% over the past 5 years, while the NIFTY 50 TRI index has delivered a CAGR of 18.8%.
Should I buy Nasdaq or S&P 500
So, if you are looking to own a more diversified basket of stocks, the S&P 500 will be the right fit for you. However, those who are comfortable with the slightly higher risk for the extra returns that investing in Nasdaq 100 based fund might generate will be better off with Nasdaq 100.Is an S&P 500 index fund a good investment As long as your time horizon is three to five years or longer, an S&P 500 index fund could be a good addition to your portfolio. However, any investment can produce poor returns if it's purchased at overvalued prices.Average Stock Market Returns Per Year
Years Averaged (as of end of April 2024) | Stock Market Average Return per Year (Dividends Reinvested) | Average Return with Dividends Reinvested & Inflation Adjusted |
---|---|---|
30 Years | 10.473% | 7.743% |
20 Years | 9.882% | 7.13% |
10 Years | 12.579% | 9.521% |
5 Years | 13.712% | 9.246% |
Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500 to new all-time highs in 2024.
What will the Nasdaq be in 2025 : What is the future of the NASDAQ
Year | Predicted points |
---|---|
2023 | 14000 |
2024 | 15000 |
2025 | 15500 |
2026 | 17500 |
How high will the Nasdaq go in 2024 : Here's the Growth Stock to Buy Right Now. The Nasdaq-100 technology index plunged into a bear market in 2022 on the back of a 33% loss for the year.
What stock will boom in 2024
Top growth stocks in 2024
Company | 3-Year Sales Growth CAGR | Industry |
---|---|---|
Nvidia (NASDAQ:NVDA) | 39% | Semiconductors |
Netflix (NASDAQ:NFLX) | 7% | Streaming entertainment |
Amazon (NASDAQ:AMZN) | 10% | E-commerce and cloud computing |
Meta Platforms (NASDAQ:META) | 10% | Digital advertising |
Therefore, the downside risk is likely to be higher in case of the Nasdaq 100 when compared S&P 500 index, which has a much broader representation of the US companies across different sectors. So, if you are looking to own a more diversified basket of stocks, the S&P 500 will be the right fit for you.Here's the Growth Stock to Buy Right Now. The Nasdaq-100 technology index plunged into a bear market in 2022 on the back of a 33% loss for the year.
Will Nasdaq-100 always go up : NASDAQ-100 Forecast & Price Predictions Summary
Nasdaq-100 price predictions 2024: While it's unlikely investors will experience a gain as large as 2023, the analysts and data suggest investors can still look forward to an upside of +20% next year (if history repeats).