Wish You'd Bought Palantir in 2024? Buy This Unstoppable ETF Instead

Palantir's Performance and AI Stocks - Palantir Technologies was the top-performing AI stock in 2024, with its shares soaring by 350% during the year, making it the best-performing stock in the S&P 500 index [2] - While Palantir's gains could continue, investors are advised to consider other opportunities in the AI industry, such as the Invesco QQQ Trust, which provides exposure to leading AI stocks [3] Nasdaq and Tech Stocks Outlook - The Nasdaq has historically shown resilience, with only two instances of consecutive negative returns since its formation in 1971, the last being between 2000 and 2002 [4] - Following three consecutive years of declines, the Nasdaq posted gains for five years in a row starting in 2003, indicating a strong recovery trend [5] - Given the current bull market and historical trends, the Nasdaq is likely to extend its gains in 2025, making technology stocks a key focus for investors [6] Invesco QQQ Performance and Composition - Invesco QQQ experienced significant price fluctuations during the COVID-19 pandemic, with its lowest price at $169 during the early days of the pandemic [7] - Despite a 33% decline in the Nasdaq in 2022, Invesco QQQ traded at materially higher prices compared to pandemic lows, showcasing its resilience [8][9] - Invesco QQQ tracks the Nasdaq-100, providing exposure to influential AI stocks, including the "Magnificent Seven," as well as growth industries like cybersecurity and streaming [10][11] - The ETF also includes consumer discretionary stocks such as Airbnb, Costco, and PepsiCo, offering a diverse mix of growth opportunities across various sectors [12][13]