Published on 6 Apr 2024 on InvestorPlace via Yahoo Finance
Election Year Encore: Can 2020’s Top 7 Stock Winners Repeat Their Performance in 2024?
The 2024 presidential election is shaping up to be just as exciting and contentious the 2020 contest. That’s because it looks to be a rematch between President Biden and former President Trump. There’s a wildcard thrown in this time with Robert Kennedy Jr. running an independent campaign that could pull voters from both sides.
The stock market went on a rollercoaster ride four years ago. A decade-long bull market was brought up short by the pandemic. The S&P 500 lost one-third of its value in a matter of weeks only to make a U-turn and soar higher once more. It wasn’t uncommon to see stocks soar by 1,000% or more.