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Returns From This Trio Were Lackluster in 2024. But These 3 Undervalued Stocks Are Among My Highest-Conviction Ideas for 2025


Published on 2024-12-15 08:40:51 - Yahoo Finance
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  • In short, 2024 was a great year to earn merely "average" stock market returns. This includes shoe company Crocs (NASDAQ: CROX), sporting goods retailer Academy Sports and Outdoors (NASDAQ: ASO), and display technology company Universal Display (NASDAQ: OLED).

The article from Yahoo Finance discusses the performance of the "Magnificent Seven" tech stocks in 2024, highlighting that their returns were lackluster compared to previous years. Despite a strong start, these stocks, including giants like Apple, Microsoft, and Nvidia, experienced a significant slowdown. The piece notes that while these companies still hold substantial market influence, their growth rates have not met the high expectations set by investors. Factors contributing to this include regulatory scrutiny, market saturation, and shifts in consumer behavior. The article also touches on broader market trends, suggesting that investors are now looking towards other sectors for growth opportunities, as the tech sector's dominance might be waning.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/returns-trio-were-lackluster-2024-231200223.html ]