Stocks

Historical Patterns Suggest an Upward Trend for the S&P 500 in 2023: Spotlight on a Divisionary AI Growth Stock

Published November 29, 2023

As the year draws to a close, investors are eyeing the historical trend that sees the S&P 500 typically ascend in December, bolstering hopes for a 'holiday bounce' in the market. This pattern suggests a propitious environment for stock buyers, with a particular emphasis on companies that have demonstrated robust growth and are poised for long-term success. As 2023 unfolds, one stock stands out as a potential linchpin in any growth-oriented portfolio.

The Behemoth of Tech: Alphabet Inc. GOOG

Alphabet Inc., the parent company encompassing Google and a host of other businesses, is an unrivaled colossus in the realm of technology. With roots that trace back to the origin of Google, Alphabet's influence extends worldwide. Beyond its global footprint, Alphabet distinguishes itself through its history of strategic stock splits, which make its shares more accessible to a broader range of investors, signifying its potential for long-term hold.

A Contender in Technology: The Trade Desk Inc. TTD

The Trade Desk Inc. is an innovative player in advertising technology, streamlining the purchase and sale of digital advertising across the globe. Headquartered in Ventura, California, the company's state-of-the-art platform empowers advertisers with data-driven decision-making tools. The robust growth and progressive approach of TTD earmark it as a stock worth considering for long-term investment.

S&P500, growth, investment