Data News > The Top Performers of Dow Jones in 2024: Nvidia and Walmart Lead the Way
- Walmart Inc. is under investigation for potential securities fraud by various legal firms
- Telsey Advisory Group CEO predicts Walmart will continue to gain share in 2025
- Zacks.com users are closely monitoring Walmart (WMT) stock as it trends
- Legal firms Levi & Korsinsky and Bronstein, Gewirtz & Grossman, LLC are investigating Walmart for possible securities fraud violations
- India delays UPI payments market share cap, providing relief for Walmart-backed PhonePe and Google Pay
Nvidia and Walmart have emerged as the top-performing Dow Jones stocks in 2024, surpassing the index's overall 13% gain. While Walmart's stock value soared, the retail giant found itself embroiled in legal trouble. Levi & Korsinsky, Pomerantz Law Firm, and Bronstein, Gewirtz & Grossman, LLC launched investigations into potential securities fraud by Walmart Inc. Following a lawsuit from the Consumer Financial Protection Bureau accusing Walmart of deceptive practices involving its Spark Driver program.
Despite the legal challenges, Telsey Advisory Group CEO, Dana Telsey, remains optimistic about Walmart's future prospects. She predicts that the company will continue to gain market share in 2025, highlighting its resilience and growth potential in the retail sector. Zacks.com users also closely monitor Walmart's stock, showcasing its popularity among investors.
Amidst the legal scrutiny, India's decision to delay the implementation of market share caps for digital payments systems provides a silver lining for Walmart-backed PhonePe and Google Pay. This move offers relief for the two companies, allowing them to expand their market presence without restrictions.
As 2024 draws to a close, the stock market has shown significant growth, with the S&P 500 Index up approximately 23%. However, the year has also highlighted the disparity between the stock market performance and the broader economy. Investors have witnessed conflicting signals and unclear data points, emphasizing the need for thorough analysis and caution in the coming year.
Overall, the top performers in the Dow Jones in 2024, including Nvidia and Walmart, have showcased their resilience and strength in the face of challenging circumstances. Despite legal troubles and market uncertainties, these companies have demonstrated their ability to adapt and thrive, setting the stage for potential growth and success in the future.
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Up/Down Rally Price Distribution Analyst Recommendations Earning Price Impact Analysis Seasonality
The Top Performers of Dow Jones in 2024: Nvidia and Walmart Lead the Way
By KlickAnalytics Data Insights | December 31, 2024 08:02PM ET
Key Points
- Walmart Inc. is under investigation for potential securities fraud by various legal firms
- Telsey Advisory Group CEO predicts Walmart will continue to gain share in 2025
- Zacks.com users are closely monitoring Walmart (WMT) stock as it trends
- Legal firms Levi & Korsinsky and Bronstein, Gewirtz & Grossman, LLC are investigating Walmart for possible securities fraud violations
- India delays UPI payments market share cap, providing relief for Walmart-backed PhonePe and Google Pay
Nvidia and Walmart have emerged as the top-performing Dow Jones stocks in 2024, surpassing the index's overall 13% gain. While Walmart's stock value soared, the retail giant found itself embroiled in legal trouble. Levi & Korsinsky, Pomerantz Law Firm, and Bronstein, Gewirtz & Grossman, LLC launched investigations into potential securities fraud by Walmart Inc. Following a lawsuit from the Consumer Financial Protection Bureau accusing Walmart of deceptive practices involving its Spark Driver program.
Despite the legal challenges, Telsey Advisory Group CEO, Dana Telsey, remains optimistic about Walmart's future prospects. She predicts that the company will continue to gain market share in 2025, highlighting its resilience and growth potential in the retail sector. Zacks.com users also closely monitor Walmart's stock, showcasing its popularity among investors.
Amidst the legal scrutiny, India's decision to delay the implementation of market share caps for digital payments systems provides a silver lining for Walmart-backed PhonePe and Google Pay. This move offers relief for the two companies, allowing them to expand their market presence without restrictions.
As 2024 draws to a close, the stock market has shown significant growth, with the S&P 500 Index up approximately 23%. However, the year has also highlighted the disparity between the stock market performance and the broader economy. Investors have witnessed conflicting signals and unclear data points, emphasizing the need for thorough analysis and caution in the coming year.
Overall, the top performers in the Dow Jones in 2024, including Nvidia and Walmart, have showcased their resilience and strength in the face of challenging circumstances. Despite legal troubles and market uncertainties, these companies have demonstrated their ability to adapt and thrive, setting the stage for potential growth and success in the future.
For more information:
Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.