Weekly Review | 02-08 Mar 2024

March 12, 2024by toleg.work

Over the past 3 months, the S&P 500 Index has grown by +12%. However, Communication Services (+18%) та Information Technology (+16%) sectors performed better.

Among the industries, the best performers over the period were Semiconductors & Semiconductor Equipment (+57%), and Consumer Finance (+28%). Among the companies, the best performers over the period were Nvidia (+92%), Advanced Micro Devices (+77%) and Meta Platforms (+59%).

The data in the quarterly reports indicate that an investment in Nvidia will pay off in 51 years. Advanced Micro Devices in 81 years. And Meta Platforms in 19 (we are looking at a company’s ability to generate revenue today – everything can change in the future).

* We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the Inves.Top.

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