The US market put up an amazing performance in 2023.
The bellwether S&P 500 Index gained 24% last year as concerns eased over rising inflation while the technology-heavy NASDAQ Composite Index surged 43.4% for its best year since 2020.
2024 saw this momentum continue as the Dow Jones Industrial Average touched the 38,000 mark for the first time while the S&P 500 Index has continued to make new records.
A raft of growth stocks has benefitted from these moves and saw their share prices hit either a 52-week high of all-time high.
We highlight four of these stocks and review their business performance to determine if they can continue to head higher this year.
Meta Platforms (NASDAQ: META)
Meta Platforms is a social media company that owns the chat program WhatsApp, the social media site Facebook, and the video and picture-sharing app Instagram.
Meta’s share price recently touched a new all-time high of US$390.35 and has surged by 169% in the past year....