18.12.2024 10:05:00
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History Says the Nasdaq May Soar in 2025: 1 Stock-Split AI Stock to Buy Ahead of the New Year
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has advanced 34% year to date, and history says that momentum may carry into 2025. Since its inception in 1971, the Nasdaq has returned at least 20% in 20 years, and at least 30% in 12 years. After those performances, the index typically generated strong returns in the next 12 months, as detailed below:In short, if the Nasdaq returns at least 30% this year, history says the index will add another 19% next year if its performance aligns precisely with the average. Of course, past results never guarantee future performance. But there is no in harm leaning into trends, so long as the goal is long-term capital appreciation.With that in mind, Broadcom (NASDAQ: AVGO) completed a 10-for-1 stock split in 2024 after substantial share price appreciation, but 85% of Wall Street analysts that follow the company still rate the stock a buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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