A recent report by Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, highlighted the fact that double digit calendar year returns for the S&P 500 Index are not that uncommon. As the below chart shows, returns greater than 10% have occurred 51 times out of 88 years since 1926. That is, double digit returns for the S&P 500 Index have occurred 58% of the time since 1926. In 73% of the calendar years (64 years), returns greater than 0% have occurred. Notable is the fact that single digit returns are far less common than double digit returns.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.