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Here’s How to Position Yourself Going Into 2024

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Here’s How to Position Yourself Going Into 2024

Editor’s Note: On Tuesday, December 12, at 7 p.m. Eastern time, Louis Navellier, Eric Fry, and Luke Lango are gathering for a special event – the Early Warning Summit 2024 – to give you their investing game plan for 2024. It’s a strategy that could outperform the market by 5X or more next year, no matter what happens. Sign up and reserve your spot for the event here.

In preparation for that event, we recently recorded a few videos where we ask Louis, Luke, and Eric for their honest opinions on some of the most heated topics in today’s investing world. And over the next few days, InvestorPlace Editor in Chief Luis Hernandez is bringing those videos to you. Take it away, Luis.

The year is quickly coming to a close. And what a year it’s been…

The regional banking crisis, the Israel-Hamas conflict and central bank action have rocked the stock market. Meanwhile, the artificial intelligence craze, the moderation in Treasury yields and energy stocks’ return to favor have supported higher stock prices.

But amid the volatility, InvestorPlace analysts Louis Navellier, Luke Lango, and Eric Fry have been able to give their subscribers the best profit opportunities in the market.

They’ve stayed calm and watched for opportunities. Because the reality is that you can be successful no matter which way the market turns. You just need to find the right stocks and make the right moves.

Here’s what we mean…

  • In 2023 alone, Louis has booked some big winners, like a 214.4% gain on United Microelectronics (UMC)… a 147.1% gain on GasLog Partners LP (GLOP)… and a 338.2% gain on Enphase Energy, Inc. (ENPH).
  • Eric has made some great returns on LEAPS trades, including a 115% partial gain on DBC calls… a 116% partial gain on TLT puts… as well as a 121.9% profit on Eramet (ERMAY).
  • This year, Luke closed some big winners, including 313.2% on Fulgent Genetics, Inc. (FLGT)… 102.5% on CRISPR Therapeutics (CRSP)… 160.6% on Impinj, Inc. (PI)… and 340.5% on Nvidia Corp. (NVDA).

Now as we head into 2024 the biggest question is: What’s next?

Louis, Luke, and Eric all agree the market is at a turning point – and on a path higher as we head into the New Year.

That’s why they’ve combined their investing strategies and proprietary “quant” systems to end up with something incredible… which they will reveal at the Early Warning Summit 2024 on Tuesday, December 12, at 7 p.m. Eastern time. (Save your spot for that event by going here.)

As the Editor in Chief at InvestorPlace, I work every day with Louis, Luke, and Eric to help them bring you the best independent investment analysis and recommendations in the world.

And that means I get to spend a lot of time on video calls talking to some of the world’s top investors in real time.

Today, I want to share what that’s like – by sharing a video call between Luke and me…

A Banner Year for Tech Stocks

2023 has been a banner year for tech stocks. The tech-heavy Nasdaq Composite surged 36% year-to-date – a far cry from its dismal performance in 2022, where the index plunged 33.1%.

The Nasdaq’s strong run this year is thanks in large part to the “Magnificent 7” – Alphabet Inc. (GOOG), Amazon.com Inc. (AMZN), Apple Inc. (AAPL), Meta Platforms Inc. (META), Microsoft Corp. (MSFT), Nvidia Corp. (NVDA), and Tesla Inc. (TSLA) – as they prospered from the artificial intelligence craze.

Then, investors turned increasingly more bullish on tech after the Federal Reserve hit the pause button on its interest rate hike cycle. Finally, a recovering U.S. economy and cooling inflation are boosting the tech sector.

But, as we know, what goes up cannot stay up forever, so should we expect another big year from tech in 2024? And, more importantly, should we invest in tech next year?

Luke offers his thoughts in this special video call. Luke also shares his outlook on the crypto industry for next year, including the level he expects Bitcoin to hit next year. Click here or click the play button below to find out what Luke has to say. His answers might surprise you.

On Tuesday, December 12, at 7 p.m. Eastern time, during the Early Warning Summit 2024, Louis, Eric, and Luke also plan to reveal three stocks that could soar in 2024, regardless of where the market turns next.

Sign up for the event here.

I look forward to seeing you there!

Regards,

Luis Hernandez's signature

Luis Hernandez

Editor in Chief, InvestorPlace

P.S. Tomorrow, I’ll share another one of my video calls. In this one, I ask Louis Navellier what he expects from the Fed next year – and he shares his views on earnings. See you then!


Article printed from InvestorPlace Media, https://investorplace.com/smartmoney/2023/12/how-to-position-going-into-2024/.

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