Weekly Review | 20-26 Jan 2024

January 30, 2024by Anton Tryhubchenko

Over the past 3 months, the S&P 500 Index has grown by +16%. However, Information Technology (+24%) та Communication services (+22%) sectors performed better.

Among the industries, the best performers over the period were Consumer Finance (+42%), and Semiconductors & Semiconductor Equipment (+41%). Among the companies, the growth leaders were: Advanced Micro Devices (+84%), FirstSource Builders (+59%), and Expedia Group (+58%).

The data in the quarterly reports indicate that an investment in Advanced Micro Devices will pay off in 60 years. Builders FirstSource and Expedia Group in 7 years (we estimate the company’s ability to generate revenue today, things may 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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