AI, Loans, and Legalization: 3 Stocks With Growth Potential in 2024
• Palantir Technologies is capitalizing on artificial intelligence to analyze data faster, leading to increasing customers and profitability. It's poised as a top AI stock for 2024.
• SoFi Technologies offers loans and financial services. With student loan repayments resuming and the Fed pausing rate hikes, SoFi is seeing record revenue and profits.
• Tilray Brands has global operations that can take advantage of marijuana legalization movements abroad, especially in Germany. The U.S. remains its biggest opportunity.
• All major stock indexes are up double-digits in 2023 after a rough 2022. Bull markets typically last years after short bear markets.
• These 3 stocks have significant growth potential in 2024 based on current business momentum, though risks remain.