When it comes to investing, especially for long-term stock investors, it is important to buy high-quality stocks at great valuations. In today's video, I will discuss three stocks that appear cheap and could be good stock buys in December 2024 heading into 2025. One of those stocks that has pulled back a little and is the cheapest among the "Magnificent Seven" stocks is Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG).
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*Stock prices used were end-of-day prices of Nov. 29, 2024. The video was published on Nov. 30, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $369,349!*
- Apple: if you invested $1,000 when we doubled down in 2008, you’d have $45,990!*
- Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $504,097!*
Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of December 2, 2024
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Mark Roussin, CPA has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nike. The Motley Fool has a disclosure policy.
Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
