Every investor knows that past performance is no guarantee of future results, yet it’s tempting to assume stocks that outperformed last year will do so again in 2024.
Global equities had a strong 2023. Performance for most of the year was driven by the seven largest tech stocks. However, the back end of the year saw an increase in breadth as the 2023 laggards began to rally.
Global equities had a strong 2023. Performance for most of the year was driven by the seven largest tech stocks. However, the back end of the year saw an increase in breadth as the 2023 laggards began to rally.
The media hype around booming demand for glucagon-like peptide 1 (GLP-1) drugs, and their weight-loss abilities, has distracted the attention of healthcare investors from the potential of medical-device companies.
Brazil looks set to benefit from various long-term structural drivers – including strong demand for commodities – just as the economic cycle turns favourable. At the same time, Brazilian stocks offer attractive value.
Artificial intelligence (AI) stocks surged in 2023 on the back of forecasts that AI is set to transform the way we operate in both business and society.
4min
ByAlison Savas
Now available on the ASX: the Antipodes Global SMID Active ETF (ASX:MIDS)
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