Mon Dec 30 15:10:00 UTC 2024: **Massive Stock Gains in 2024 Despite December Dip**
**New York, NY (January 2, 2025)** – Despite a 1.2% drop in the S&P 500 in December, 2024 proved to be a remarkably lucrative year for astute stock investors. An analysis by Investor’s Business Daily reveals that a $10,000 investment in the top-performing S&P 500 stock each month, from January to December, would have yielded a staggering $440,513 by year’s end – a 4,305% gain. This dwarfs the S&P 500’s overall 25% increase for the year, where the same $10,000 investment would have grown to only $12,494.
December’s top performer was Broadcom (AVGO), surging 49%. Other monthly winners reflected the year’s dominant trends, including AI (Nvidia in January, Constellation Energy in February), semiconductors (Micron Technology in March), gold (Newmont in April), and solar energy (First Solar in May). The second half of the year saw gains in casino stocks (Caesars Entertainment), building materials (Mohawk Industries), packaged food (Kellanova), utilities (Vistra), airlines (United Airlines), and even taser manufacturers (Axon Enterprise).
While this strategy is not replicable, the findings highlight the potential for significant returns through diligent market engagement. However, the December decline raises questions about the market’s performance in 2025, particularly given January’s historically weak performance. Market forecasters remain optimistic about a potential rally in 2025, pending economic conditions.
First Piper 