Top Three Stocks to Watch in 2024
As we enter the new year, many are looking for ways to improve their financial situation. With the market projected to reach $504.2 billion by 2030, telehealth stocks are a hot topic for investors. Amidst the economic uncertainty, it’s important to stay on track with your investments. Here are three great stocks to keep an eye on in 2024.
SentinelOne (NYSE:S) is a leader in the cybersecurity industry, using artificial intelligence to detect and eliminate threats. With businesses prioritizing security and spending on the rise, SentinelOne’s revenue has tripled in recent years.
Roku (NASDAQ:ROKU) has been a pioneer in the streaming industry, with its devices and TVs gaining popularity among consumers. With a growing user base and increasing revenue, Roku is poised for continued growth in the streaming market. As advertisers shift their spending to streaming platforms, Roku is well-positioned to benefit from this trend.
Hims & Hers Health (NYSE:HIMS) is a relatively new player in the healthcare industry, but it has already made a significant impact. Offering telehealth consultations and custom treatments, the company has seen impressive growth with 1.4 million subscribers and a 60% compound annual growth rate in revenue. As the healthcare industry continues to evolve, Hims & Hers Health is well-positioned to capitalize on the opportunities.
These three stocks have shown strong performance and have the potential for continued growth in the coming years.
