Top Tech Stocks to Invest in Before 2024 Ends Insightful Tech Stock Selections for the Savvy Investor

JJ Bounty

Approaching the curtain call of 2024, a stage set with enticing investment opportunities awaits discerning minds. As the clock winds down, seizing the moment to acquire promising stocks before the Wall Street whales make their move could pave the path to prosperity in 2025.

Unleashing the Cybersecurity Titan: CrowdStrike

CrowdStrike (NASDAQ: CRWD) soared as a cybersecurity stalwart until the July 19 hiccup that caused ripples across millions of devices. Nevertheless, CEO George Kurtz’s reassurance of a recoverable demand pipeline echoes confidence. Prepping to breach the $10 billion annual recurring revenue milestone, CrowdStrike races against the clock, eyeing fiscal year 2029 for the grand ascent to the summit.

Envisioning an ambitious future where $10 billion translates to a $3 billion profit horizon, akin to software giants like Adobe, CrowdStrike’s leap to a $141 billion market cap beckons. A compelling climb from its current $76 billion valiant stand could grant investors a riveting 16% compound annual growth rate – a feast for the discerning bulls amidst the cybersecurity wilderness.

Meta Platforms: Ruling the Socio-Tech Turf

Meta Platforms (NASDAQ: META), the metamorphosed Facebook, isn’t just a social media juggernaut. Its foray into augmented reality and the generative artificial intelligence (AI) turf unveils a versatile titan steering through 2024’s growth storm, notching consecutive 20%+ revenue hikes.

While the market murmurs a 14% growth tune for 2025, Meta Platforms flaunts a lucrative P/E of 23 – a throwback to its robust generative AI engine complemented by a fortress of social media advertising ramparts. A prudent entry now could fortify your 2025 portfolio as the digital colossus readies for another year of bold strides.

See also  Market Insights: Maravai LifeSciences Reports Surge - AXT (NASDAQ:AXTI), AerCap Holdings (NYSE:AER) Market Insights: Maravai LifeSciences Reports Surge

dLocal: Unveiling the Unsung Hero

dLocal (NASDAQ: DLO) – an enigma in the shadows, facilitating forays into Egypt, Indonesia, and Thailand, bridging payment chasms endemic to these terrains. While the giants like Amazon, Spotify, and Microsoft validate its worth, the stock languishes in anonymity, offering a cloak of undervaluation.

Trading at a modest 19 times trailing earnings and a suppressed 14 times 2025 earnings, dLocal’s veil of obscurity belies its stellar financial feats. Powered by a 38% surge in payment volume to $6 billion in Q2, dancing with a revenue rise constricted by currency deflation, underlines the grand stage set for CEO Pedro Arnt, an heir to Latin American powerhouse MercadoLibre, to orchestrate a dazzling revival. Sense the pulse of this burgeoning market dynasty and secure your slice before the curtains rise on 2025.

Before you join the Crowdstrike chorus, ponder this melodious tidbit:

The portents read in the Motley Fool Stock Advisor scriptures foretell a compelling narrative feat.

Reflect on the day Nvidia donned its victory laurels on April 15, 2005 – planting a $1,000 seed blossoming into a staggering $855,238 oak! As the Stock Advisor anthem swells since 2002, transcendent of the S&P 500 dirges, venture into the future is beckoned.

Embark on this equity odyssey and set sail for the 10 coveted treasures the pundits whisper about. A voyage of discovery awaits the intrepid investor. Dive in!