Technology stocks continue to be some of the most exciting investments in today’s stock market. Known for their strong growth potential and the ability to deliver impressive returns, the tech sector consistently attracts attention from investors. As we approach the end of 2024, it’s important to evaluate the top-performing stocks in this space, as they may provide clues about the companies likely to drive future growth. While past performance doesn’t guarantee future results, certain tech companies have consistently delivered solid returns, making them key players to follow.
In this article, we’ll explore the best-performing tech stocks of 2024, laggards in the sector, and provide insight into the performance of the Magnificent 7—the biggest names in tech. We’ll also answer a key question: Should you invest in these top-performing stocks, or are there better ways to get involved in the tech sector? Read on to find out.
Best Tech Stocks to Buy in December 2024: Top Performers
As we near the end of the year, several tech stocks have stood out for their impressive growth. Here’s a look at the top tech performers in 2024, based on their year-to-date performance:
- Palantir Technologies (PLTR): +290.7%
- Nvidia (NVDA): +179.3%
- Fair Isaac (FICO): +104.0%
- GoDaddy (GDDY): +86.1%
- Oracle (ORCL): +75.3%
- Arista Networks (ANET): +72.3%
- Dell Technologies (DELL): +66.8%
- Fortinet (FTNT): +62.4%
- Corning (GLW): +59.8%
- Motorola Solutions (MSI): +59.6%
These companies have experienced tremendous growth this year, driven by their innovative products, services, and market dominance. While past performance isn’t always a predictor of future success, these companies have demonstrated solid fundamentals that position them for continued growth in the long term.