Published on 25 Apr 2024 on Insider Monkey via Yahoo Finance
In this article, we will take a look at the 15 best cheap stocks to buy for 2024. If you’d like to skip our overview of investing and some recent financial news, then please take a look at the 5 Best Cheap Stocks To Buy For 2024.
While the Federal Reserve may take its time in reducing interest rates, as investors have likely observed in recent weeks, the economy continues to expand, and inflation remains far from the levels seen in late 2022. The beginning of the year 2024 prompts reflection, leading some investors to reassess their portfolios. Last year, the S&P 500 and the NASDAQ Composite surged by 24% and 43%, respectively, offering passive investors tracking index funds a significant gain as the year drew to a close. Now, the question on everyone's mind is whether the markets will maintain their strong performance from 2023 or potentially reach new highs.