The Santa Claus Rally typically occurs during the last five trading days of December and the first two days of January, often leading to positive market performance. Historically, the S&P 500 has gained an average of 1.3% during this period, with positive returns about 80% of the time since 1950.
With a few overlaps in what Jim Cramer highlighted for the Dec, I'm personally bullish on the following:
- Palantir Technologies ($Palantir Technologies Inc.(PLTR)$ ): Up 290.7% year-to-date, praised for strong management.
- Vistra ($Vistra Energy Corp.(VST)$ ): Leading with a 315% increase in 2024.
- GameStop $GameStop(GME)$ ): Notable for a 76.87% rise this year.
- Chewy ($Chewy, Inc.(CHWY)$ ): Up 43.66%, benefiting from strong consumer interest.
- Nvidia ($NVIDIA(NVDA)$ ): A significant performer with a 179.2% gain in 2024.
I thought these tickers stand out because of (1) strong YTD performance, (2) market trends in the industry, (3) consumer demand.
Stay safe, y'all! [Cool]
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- ZEROHERO·2024-12-27Not doing the inverse Cramer? 😂LikeReport