Il 2024 it promises to be an interesting year for investments, with various growing sectors capable of offering interesting opportunities.
Between these, stand out luxury sectors, of energy and emerging technologies, which position themselves as some of the best markets to invest in.
Luxury and consumer goods: a safe choice
The luxury and consumer goods sector is one of the most profitable in Italy, with constant consumer demand and an upward trend in sales.
Among the most interesting Italian companies in this sector, Stellantis and Ferrari stand out.
Stellar
Stellar, born from the merger between Fiat Chrysler Automobiles (FCA) e Peugeot Société Anonyme (PSA), is one of the largest automobile manufacturing companies in the world, with a market capitalization of more than 50 billion euros.
The company is focusing on the transition to electric and autonomy, with the aim of becoming a leader in the sector.
Ferrari
Ferrari, Instead, is a company symbol of luxury and made in Italy, with a market capitalization of more than 30 billion euros.
The company is focusing on diversifying its product portfolio, with the aim of increasing its presence in the luxury goods sector.
Energy: a sustainable choice
The energy sector is also experiencing strong growth, with a growing demand for sustainable and low-carbon solutions.
Among the most interesting Italian companies in this sector, Enel stands out.
Enel
Enel, one of the main energy operators in Europe, with a market capitalization of more than 70 billion euros, is focusing on the transition towards renewable energy, with the aim of becoming a leader in the sector.
The Italian renewable energy market is expected to record a compound annual growth rate (CAGR) higher than 7.1% in the forecast period, 2022-2027.
Investments in the renewable energy sector in Italy have already increased by 48% In the 2021 compared to 2020.
Technology: focus on artificial intelligence and cloud computing
The technology sector suffered a sharp slowdown in 2023, but over the course of the year it has recovered ground, with some sectors holding up better than others. Between these, spiccano cloud computing, cybersecurity and artificial intelligence (IA).
In particular, the artificial intelligence market is growing rapidly, with an estimate of reaching a value of 305,90 billion dollars in 2024 e di 738,80 billion dollars by 2030, according to Statista.
This is due to the growing demand for artificial intelligence solutions in different industries, like healthcare, finance, production and logistics.
Between leading companies in the artificial intelligence sector, NVIDIA stand out, IBM e Microsoft.
NVIDIA
NVIDIA, specialized in the development of processors and artificial intelligence solutions, with a market capitalization of more than 300 billions of dollars, offers advanced artificial intelligence solutions for different industries.
IBM
IBM, with a market capitalization of more than 100 billions of dollars, offers artificial intelligence and cloud computing solutions.
Microsoft
Microsoft offers artificial intelligence solutions, cloud computing and software for different industries, with a market capitalization of more than 2000 billions of dollars.
The best long-term stocks to invest in
To recap, here they are six long-term stocks to buy in 2024:
- Stellar (STLA) – The Italian-American car manufacturer is a leader in the luxury car market, with a strong presence in Europe and the Americas. The company's stock currently trades around €15.50 per share.
- Ferrari (RACE) – The iconic Italian manufacturer of luxury sports cars is a symbol of prestige and performance. The company's stock currently trades around €190.00 per share.
- Enel (ENEL) – The Italian multinational in the energy sector is a leader in the renewable energy sector, with a strong presence in Europe and Latin America. The company's stock currently trades around €5.50 per share.
- Microsoft (MSFT) – The American multinational technology company is a leader in software, in cloud computing and artificial intelligence. The company's stock currently trades around €240.00 per share.
- NVIDIA (NVDA) – The American technology company is a leader in the field of graphics processing units (GPU) and artificial intelligence. The company's stock currently trades around €220.00 per share.
- IBM (IBM) – The American multinational technology company is a leader in cloud computing and artificial intelligence. The company's stock currently trades around €135.00 per share.
The information in this article is provided for informational and educational purposes only. They do not constitute in any way a solicitation for investment, a recommendation or personalized advice to buy, sell or hold the shares mentioned.
Historical performance data and reported dividend yields are not indicative of future results and do not guarantee similar returns. The value of investments and any income from them may fluctuate and there is no guarantee that you will get back the amount originally invested.
The opinions expressed on the long-term attractiveness of these securities represent the subjective opinion of the author based on available information. They should not be interpreted as a certain prediction of future share price movements.
It is recommended that you consult a qualified financial advisor before making any investment decisions. The author and the website assume no responsibility for any loss or damage arising from the use of the information in this article.
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