Weekly Review | 13 – 19 July 2024

July 23, 2024by toleg.work

Over the past 3 months, the S&P 500 Index has grown by +8.1%. However, Information Technology (+18.6%) та Utilities (+11.5%) sectors performed better.

Among the industries, the best performers over the period were Automobiles (+37%), and Technology Hardware, Storage & Peripherals (+30%). Among the companies, the best performers over the period were Globe Life (+74%), Teradyne (+42%) and Nvidia (+42%).

The data in the quarterly reports indicate that an investment in Globe Life will pay off in 8 years. Teradyne in 32 years. And Nvidia in 58 (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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