January saw both high achievers and laggards in the S&P 500. The index gained 2.8% for the month, with 72% of its stocks rising. Despite a 17% decline in Nvidia’s stock on Monday, many analysts predict double-digit gains for several top performers in the coming year.
Analysts have identified several stocks that are expected to make significant gains over the next 12 months. However, others may face challenges ahead. These predictions vary depending on various market and economic factors.
In January, some of the best-performing stocks in the S&P 500 included:
* Top gainers with double-digit percentage increases
* Notable companies showing strong growth potential
On the other hand, some of the worst-performing stocks experienced significant declines in January. These losses may be attributed to various market and economic factors.
Analysts continue to monitor these stocks for any signs of improvement or deterioration. Their predictions can provide valuable insights into what lies ahead for these companies.
Investors who are looking to capitalize on the predicted growth of top performers will want to keep a close eye on their performance over the coming year. Conversely, those who are concerned about the losses experienced by worst losers may need to reassess their investment strategies.
Source: https://www.marketwatch.com/story/here-are-januarys-best-and-worst-stocks-and-what-may-lie-ahead-for-them-5ab177b4