Summary:
The S&P 500 is on target for another year of more than 20% advance. The 2024 rally extended slightly from 2023, when only a few stocks outperformed the S&P 500 in 2024 including communications services, information technology, consumer discretionary and even utilities the service sector grew by almost 20%. Under Argus coverage, the average BUY-rated stock rose 19%, while the average HOLD-rated stock rose 0.5.
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