🎯 Our Top Picks 2024: Did We Beat the Market?
The performance of our stock picks in 2024
On December 16, 2023, we shared on X our top stock picks for 2024. Some stocks appeared primed for significant growth, while others looked heavily undervalued. As we now close the year and revisit these selections on December 16, 2024, it's time to evaluate how these picks performed.
We will compare the prices of these stocks on December 16, 2023, with their current value today (December 16, 2024). The results will help us assess whether our picks delivered on their promise or fell short.
The performance of our top picks
Below is the detailed breakdown of our 15 stock picks, showcasing their starting price, current price, and overall performance.
$GOOGL - Alphabet
Price on Dec 16, 2023: $132.60
Price on Dec 16, 2024: $196.66
Performance: 48.31%
$NVDA - Nvidia
Price on Dec 16, 2023: $48.89
Price on Dec 16, 2024: $132.00
Performance: 169.99%
$META - Meta
Price on Dec 16, 2023: $334.92
Price on Dec 16, 2024: $624.24
Performance: 86.38%
$BABA - Alibaba
Price on Dec 16, 2023: $74.51
Price on Dec 16, 2024: $86.06
Performance: 15.50%
$BKNG - Booking Holdings
Price on Dec 16, 2023: $3,479.12
Price on Dec 16, 2024: $5,152.13
Performance: 48.09%
$SBUX - Starbucks
Price on Dec 16, 2023: $96.75
Price on Dec 16, 2024: $93.12
Performance: -3.75%
$MU - Micron
Price on Dec 16, 2023: $81.41
Price on Dec 16, 2024: $108.26
Performance: 32.98%
$MELI - MercadoLibre
Price on Dec 16, 2023: $1,606.19
Price on Dec 16, 2024: $1,796.72
Performance: 11.86%
$BYDDY - BYD
Price on Dec 16, 2023: $52.47
Price on Dec 16, 2024: $67.18
Performance: 28.04%
$SQ - Block
Price on Dec 16, 2023: $74.21
Price on Dec 16, 2024: $93.78
Performance: 26.37%
$EVO - Evolution AB
Price on Dec 16, 2023: SEK 1,188.00
Price on Dec 16, 2024: SEK 913.40
Performance: -23.11%
$FSLR - First Solar
Price on Dec 16, 2023: $168.67
Price on Dec 16, 2024: $190.53
Performance: 12.96%
$GMED - Globus Medical
Price on Dec 16, 2023: $49.54
Price on Dec 16, 2024: $81.70
Performance: 64.92%
$DLO - DLocal
Price on Dec 16, 2023: $16.29
Price on Dec 16, 2024: $11.81
Performance: -27.50%
$SHLS - Shoals Technologies
Price on Dec 16, 2023: $15.83
Price on Dec 16, 2024: $4.17
Performance: -73.66%
Did we outperform the S&P 500?
At the end of the day, beating the market is the ultimate benchmark. The S&P 500 serves as the standard measure for overall market performance.
On December 16, 2023, the S&P 500 stood at 4,719.19 points. Exactly one year later, on December 16, 2024, it closed at 6,074.08 points — a remarkable increase of 28.71%.
S&P 500 Performance (Dec 16, 2023 - Dec 16, 2024): 28.71%
We will now calculate the overall average return of our 15 picks and compare it to the S&P 500. Did our stock-picking strategy deliver alpha, or did the market outpace u
The Future Investor Top picks 2024 (Dec 16, 2023 - Dec 16, 2024): 27.83%
The average return of the 15 selected stocks was in line with the performance of the S&P 500. However, this result assumes an equal weighting for all stocks, meaning the same amount of money was invested in each stock. In reality, most wise investors —and we at The Future Investor — do not invest this way. Instead, we allocate more capital to stable, high-market-cap (growth) stocks and less to smaller, more volatile mid- and small-cap stocks.
Let’s look at the results using a more realistic weighting approach:
Mega caps (>$500B):
$GOOGL, $NVDA, $META — 12.33%Large caps (>$75B):
$BABA, $BKNG, $SBUX, $MU, $MELI, $BYDDY — 7%Mid caps (> $10B):
$SQ, $EVO, $FSLR — 5%Small caps (<$10B):
$GMED, $DLO, $SHLS — 2%
With this balanced weighting, The Future Investor Top Picks achieved an impressive return of 46.95%!
This is a strong reminder of why it pays to prioritize stable, high-quality stocks over smaller, more volatile investments. As we always say at The Future Investor:
“Quality first!”
With our Future Investors Portfolio, we achieved an impressive return of 70.54% from December 16, 2023, to December 16, 2024 — an outstanding result that surpasses the performance of our stock picks and is more than twice (2,45x) the return of the S&P 500 over the same period!
Click the link below to view our live portfolio — exclusively for our paid members:
The Future Investors Portfolio
Curious about our stock picks for 2025? Click the link below to find out!
The Top 10 Stocks for 2025: Our Predictions
Disclaimer:
The information and opinions provided in this article are for informational and educational purposes only and should not be considered as investment advice or a recommendation to buy, sell, or hold any financial product, security, or asset. The Future Investors does not provide personalized investment advice and is not a licensed financial advisor. Always do your own research before making any investment decisions and consult with a qualified financial professional before making any investment decisions. Please consult the general disclaimer for more details.