The US stock market has been performing exceptionally well this year, with both the S&P 500 Index and NASDAQ Composite Index reaching record highs due to the rally in technology stocks. As of July 3rd, the S&P 500 Index has increased by 16.8% while the NASDAQ Composite Index has surged by more than 23%.
Despite these impressive gains, there are certain individual stocks that have outperformed the overall market indices. Here are four growth stocks that have done better than both indices and are expected to continue outperforming the market:
1. Meta Platforms: The social media giant, which owns Facebook, Instagram, and WhatsApp, has seen its share price rise by 47% year-to-date. In the first quarter of 2024, Meta Platforms reported a significant increase in revenue and operating profit, leading to a doubling of its net profit compared to the previous year.
The company has also introduced a new artificial intelligence assistant named Llama 3 and developed a new chip to power its AI services, signaling its commitment to investing in AI technologies.
2. Netflix (NASDAQ: NFLX): As the market leader in streaming television, Netflix has seen its shares surge by nearly 46% this year. The company reported strong earnings in the first quarter of 2024, with revenue and operating profit both showing impressive growth.
Netflix continues to expand its content slate to include live events such as comedy, sports, and music shows, indicating its focus on providing diverse and engaging content to its members.
3. Crowdstrike (NASDAQ: CRWD): Crowdstrike, a cybersecurity firm with a cloud-native platform, has seen its share price increase by 56.8% year-to-date. The company reported a strong set of earnings for the first quarter of fiscal 2025, with revenue and operating profit showing significant growth.
Crowdstrike has a large total addressable market for its AI-native cloud security platform business, highlighting the growth opportunities for the company in the cybersecurity sector.
4. Royal Caribbean Cruises (NYSE: RCL): As a leading cruise company with a global fleet of ships, Royal Caribbean has seen its share price rise by 29.3% this year. The company reported improved financial performance in the first quarter of 2024, with revenue and operating profit both showing substantial growth.
Royal Caribbean has increased its guidance for 2024 and announced plans for new ship launches, indicating its optimism for the future of the cruise industry.
Overall, these four growth stocks have outperformed the market indices and show promising potential for continued growth. Investors looking for opportunities in the market may find these stocks attractive for their strong performance and growth prospects. The Benefits of Regular Exercise
Regular exercise is essential for maintaining good physical and mental health. A consistent workout routine can help improve cardiovascular health, increase muscle strength and endurance, boost metabolism, and reduce the risk of chronic diseases such as obesity, diabetes, and heart disease.
Physical activity also plays a crucial role in improving mental well-being. Exercise releases endorphins, which are known as the body’s “feel-good” hormones, and can help reduce symptoms of anxiety and depression. It also promotes better sleep, increases energy levels, and enhances overall mood and cognitive function.
In addition to the physical and mental benefits, regular exercise can also improve social connections and provide a sense of community. Whether it’s joining a fitness class, participating in team sports, or simply going for a jog with a friend, exercising with others can help build relationships and create a support system for achieving fitness goals.
Overall, incorporating regular exercise into your daily routine can lead to a healthier and happier life. Whether you prefer running, swimming, weightlifting, or yoga, finding an activity that you enjoy and can stick with is key to reaping the many benefits of physical activity. So lace up those sneakers, hit the gym, or head outside for a walk – your body and mind will thank you for it.