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Forget AI, Invest in 5 Surging Old Economy Stocks for Gains
AXPAmerican Express(AXP) Zacks Investment Research·2024-03-11 13:11

U.S. stock markets have maintained their northward journey in 2024 after an astonishing rally in 2023. The bull run has gained further thrust as major stock indexes have posted multiple all-time highs on both intraday and closing basis so far this year. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have advanced 2.7%, 8% and 8.9%.However, the major driver of last year’s and this year’s rally was globally booming artificial intelligence (AI), especially generat ...