Top Stock Picks for 2024

As we prepare to turn the page on another year, investors are setting their sights on the potential opportunities that 2024 may hold.

In the ever-changing world of finance, finding the right stocks to invest in can be akin to navigating a maze.

Fortunately, The Insider Insider Memo, with its distinguished track record and proprietary Alpha Algorithm®, is here to provide guidance.

Let's dive into The Insider Memo’s top 10 stock picks for 2024 and distil the key takeaways for investors.

1. Alibaba Group Holding (BABA)

• Valued at just eight times projected earnings for the fiscal year ending in March.

• Sits on a substantial cash reserve, approximately one-third of its current market value.

• Offers exposure to various sectors, including e-commerce, cloud computing, logistics, and fintech.

2. Alphabet Inc. (GOOGL)

• Expected to grow earnings by 15% in 2024.

• Trades at a discount compared to tech peers like Microsoft and Apple.

• Possesses a robust balance sheet with over $100 billion in net cash.

3. Barrick Gold Corporation (GOLD)