This investor favorite has been on an epic run over the past couple of years and shows no signs of slowing.
The Nasdaq Composite has been on fire over the past couple of years, driven higher by the advent of artificial intelligence (AI), improving economic conditions, an uncontested election, and the Federal Reserve Bank’s recent moves to cut interest rates. After returning 43% in 2023, the tech-centric index is up roughly 30% in 2024. History suggests the rally will likely continue into 2025.
The current bull market began on Oct. 12, 2022, and while every rally is different, history can provide important context. Bull markets last more than five years, on average. Since the current rally just entered its third year, there’s a strong likelihood the Nasdaq will continue to gain ground next year. It’s also worth noting that the Nasdaq has generated gains 73% of the time, dating back 53…
