"Nasdaq 2024 Outlook: Top Stock-Split Stocks to Buy and ETF Trends to Watch"

1 min read
Source: The Motley Fool
"Nasdaq 2024 Outlook: Top Stock-Split Stocks to Buy and ETF Trends to Watch"
Photo: The Motley Fool
TL;DR

Investors are eyeing stock-split stocks, with Alphabet (Google's parent company) being recommended as a strong buy for 2024 due to its dominant search engine market share, growth in YouTube and Google Cloud, and attractive valuation. Conversely, Tesla is suggested as a stock to avoid, given concerns over declining demand for its EVs, reliance on non-recurring income sources, overpromises by CEO Elon Musk, and a valuation that may not be sustainable with falling operating margins.

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