7 stocks that can deliver over 30% returns to make you rich in 2024 (2024)

Strong fundamentals, and a robust outlook make the stocks an attractive proposition for investors.

7 stocks that can deliver over 30% returns to make you rich in 2024 (1)

It is a stock market-driven government, and the interim budget was simply a continuation of the presently prevalent policies, according to Shankar Sharma.

Veer Sharma

first published: Feb 2, 2024 01:46 pm

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7 stocks that can deliver over 30% returns to make you rich in 2024 (2024)

FAQs

What stock is expected to skyrocket in 2024? ›

2024's 10 Best-Performing Stocks
Stock2024 Return Through April 30
Cullinan Therapeutics Inc. (CGEM)165.1%
Avidity Biosciences Inc. (RNA)166.6%
Trump Media & Technology Group Corp. (DJT)185.3%
Canopy Growth Corp. (CGC)191.2%
6 more rows
6 days ago

Which stock will give high returns in 2024? ›

State Bank of India (SBI)

Being one of the biggest banks in India and with a PE ratio of 11.24, SBI looks strong over the stock market. The stock has yielded a heavy return of 43.13% in the past six months and is likely to outperform in the upcoming 2024 general elections.

What are the magnificent 7 stocks for 2024? ›

In the first quarter of 2024, Microsoft, Nvidia, Amazon and Meta continued to rise, jumping 12%, 82% 19% and 37% respectively. Apple and Tesla were both down for the quarter 11% and 29% respectively, and Alphabet struggled before ending the first three months of the year up 8%.

What 7 stocks could double or triple in 2024? ›

Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.

What is the most undervalued stock in 2024? ›

For May 2024, the most undervalued stocks—those with the lowest price-to-earnings (P/E) ratios for each sector—include Revelation Biosciences, a healthcare company developing therapies to treat diseases; Urgent.ly, a mobile app for roadside assistance; Toro Corp., which operates oceangoing tankers; and the cinema ...

Which stock will double in one month? ›

Stocks with good 1 month returns
S.No.NameCMP Rs.
1.CG Power & Indu.580.25
2.Hindustan Zinc469.75
3.Marico586.65
4.Deepak Nitrite2457.25
23 more rows

Which stock is giving the highest return? ›

More Collections >
Name3Y ReturnNet Profit YoY %
Reliance Industries Ltd63.6%9.2%
Tata Consultancy Services Ltd23.52%8.97%
ICICI Bank Ltd87.78%35.55%
Bharti Airtel Ltd132.91%47.95%
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What are three good stocks to invest in? ›

Want to Get Richer? 3 Best Stocks to Buy Now and Hold Forever
  • Amazon continues to establish itself in huge markets.
  • Meta Platforms' core business has room to run with AI.
  • Microsoft is reliable, and that's not likely to change.
2 days ago

What are the 7 stocks that could rally? ›

It's not a bad sign for investors that the rally is broadening out. Investors are likely well-familiar with the so-called Magnificent 7 stocks. These are some of the biggest names in tech, and equities with heavy weightings in the S&P 500 index: Apple, Alphabet, Amazon.com, Meta Platforms, Microsoft, Nvidia, and Tesla.

What are the seven stocks to buy and hold forever? ›

A leader in two high-growth areas

First, a quick look at the list of Magnificent Seven companies. They include Amazon (NASDAQ: AMZN), Apple, Alphabet, Microsoft, Meta Platforms, Nvidia, and Tesla, and each one offers interesting growth prospects.

What is the cheapest magnificent 7 stock? ›

Ranking the Magnificent Seven stocks from cheapest to priciest using a common valuation tool
  • Alphabet (Class A shares, GOOGL): 17.83 forward P/E ratio.
  • Meta Platforms: 21.56.
  • Apple: 23.9.
  • Nvidia: 30.43.
  • Microsoft: 31.07.
  • Amazon: 33.95.
  • Tesla: 41.14.
Mar 15, 2024

What stock will make me rich in 2024? ›

10 Best Growth Stocks to Buy for 2024
StockImplied upside from April 25 close*
Tesla Inc. (TSLA)23.4%
Mastercard Inc. (MA)19%
Salesforce Inc. (CRM)20.8%
Advanced Micro Devices Inc. (AMD)30.1%
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Apr 26, 2024

Which stocks will double in 2024? ›

Trending Growth Stocks List in 2024
Stock NameSub-Sector5Y CAGR (%)
Oil India LtdHome Electronics & Appliances75.73
Caplin Point Laboratories LtdSoftware Services50.73
Godawari Power and Ispat LtdSoftware Services55.49
Marksans Pharma LtdElectronic Equipments120.23
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Apr 25, 2024

What stocks are most likely to split in 2024? ›

3 Potential Stock Splits to Add to Your 2024 Radar
  • Broadcom (NASDAQ:AVGO) is the most expensive stock on this list on a per-share basis. ...
  • Deckers Outdoor (NYSE:DECK) is another that needs a stock split. ...
  • Nvidia (NASDAQ:NVDA) is no stranger to the spotlight after gaining almost 2,000% over the past five years.
Mar 20, 2024

What is the Motley Fool's top 10 stocks for 2024? ›

The top 10 stocks to buy in May 2024
  • PayPal (PYPL -3.2%), $65 billion.
  • CrowdStrike (CRWD 0.39%), $69 billion.
  • MercadoLibre (MELI 1.66%), $69 billion.
  • Shopify (SHOP -18.59%), $90 billion.
  • Airbnb (ABNB -1.2%), $100 billion.
  • Intuitive Surgical (ISRG -2.13%), $130 billion.
  • Walt Disney (DIS 0.05%), $206 billion.

What is the target stock price forecast for 2024? ›

Target Stock Price Forecast 2024-2025

Target price started in 2024 at $142.42. Today, Target traded at $159.59, so the price increased by 12% from the beginning of the year. The forecasted Target price at the end of 2024 is $207 - and the year to year change +45%. The rise from today to year-end: +30%.

Where to invest now in 2024? ›

Overview: Best investments in 2024
  • High-yield savings accounts. Overview: A high-yield online savings account pays you interest on your cash balance. ...
  • Long-term certificates of deposit. ...
  • Long-term corporate bond funds. ...
  • Dividend stock funds. ...
  • Value stock funds. ...
  • Small-cap stock funds. ...
  • REIT index funds.

Which stock is best for 2025? ›

Top Multibagger Penny Stocks for 2025
  • Titan Company Limited (Titan):
  • Wipro Limited (Wipro):
  • PVR Limited (PVR):
  • Page Industries Limited (Page Industries):
  • Eicher Motors Limited (Eicher):
Feb 21, 2024

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