Palantir Technologies and MicroStrategy Have Been Added to the Nasdaq 100. Are These Stocks About to Soar Even Higher?
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The Nasdaq is home to many of the best growth stocks in the world. But to join the Nasdaq 100 index is particularly exclusive, since as the name implies, it contains the top 100 (nonfinancial) stocks on the exchange. There was a rebalancing in December that resulted in three stocks being added to the index: Axon Enterprise, Palantir Technologies (NASDAQ: PLTR), and MicroStrategy (NASDAQ: MSTR).While all three stocks have more than doubled in value in 2024, I'm going to take a closer look at the latter two, which amassed gains of well over 300% and are some of the hottest stocks with retail investors. Will their additions to the Nasdaq 100 help lift Palantir and MicroStrategy to new heights in 2025?Palantir is an extremely popular stock with retail investors, and its valuation has soared in 2024 at an incredible pace. Its gains totaled 340%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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