Weekly Review | 22 – 28 June 2024

July 2, 2024by toleg.work

Over the past 3 months, the S&P 500 Index has grown by +4.0%. However, Information Technology (+14.0%) та Communication Services (+9.4%) sectors performed better.

Among the industries, the best performers over the period were Semiconductors & Semiconductor Equipment (+22%), and Technology Hardware, Storage & Peripherals (+21%). Among the companies, the best performers over the period were Nvidia (+36%), First Solar (+33%) and Teradyne (+31%).

The data in the quarterly reports indicate that an investment in Nvidia will pay off in 58 years. First Solar in 15 years. And Teradyne in 32 (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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