‘Reddits WallStreetBets Reveals Top 13 Stocks for 2024\n\nThe stock market is taking a breather on December 20 as investors process the Fed\’s possible path towards rate cuts. Uncertainty around rate cuts, major investment and financial firms like Goldman Sachs and JPMorgan are expecting rate cuts to start in the first half of 2024. Meera Pandit, Global Market Strategist at JPMorgan Asset Management, predicts 2% growth, no recession, 2% inflation, and 4% unemployment in the next year. Pandit believes we are entering the “regular economy” and leaving behind the post-pandemic economic reverberations.\n\nAfter scouring Reddit’s WallStreetBets subreddit, we have identified 13 stocks that appear to be the favorites of retail investors for 2024. These stocks were chosen based on discussions with hundreds of comments where retail investors discussed their bets for 2024, backed by real catalysts. Along with well-known names like Meta Platforms Inc. (NASDAQ:META), NVIDIA Corp. (NASDAQ:NVDA), and Amazon.com Inc. (NASDAQ:AMZN), Redditors are also showing interest in smaller companies with strong fundamentals.\n\nAST SpaceMobile Inc (NASDAQ:ASTS) has gained about 20% year-to-date in 2023 through December 19. Many on Reddit’s WallStreetBets have been loading up on the stock for several months. AST SpaceMobile Inc plans to send satellites into space to provide internet connectivity in areas with coverage issues. In their Q3 earnings call, the company discussed their plans to reduce adjusted operating expenses and future capital expenditures without a material reduction in employee headcount. This reduction is expected to start in the first quarter of 2024. AST SpaceMobile Inc is currently the 13th most popular stock on Reddit’s WallStreetBets.\n\nRocket Lab USA Inc. (NASDAQ:RKLB) ranks 12th on our list of the best Reddit stocks WallStreetBets is piling into for 2024. The stock recently jumped after launching its 42nd Electron rocket and deploying a satellite for Japan-based Earth imaging company, the Institute for QubeSat Development. The company is also working on a reusable rocket. Rocket Lab USA Inc is currently the 12th most popular stock on Reddit’s WallStreetBets.\n\n Reddits WallStreetBets is showing interest in 13 stocks for 2024, including well-known names like Meta Platforms Inc., NVIDIA Corp., and Amazon.com Inc., as well as smaller companies with strong fundamentals like AST SpaceMobile Inc. and Rocket Lab USA Inc.’