Tech sector enterprises were a significant contributor to the stock market’s bull run in 2024. Several factors such as AI advancements, adoption of cloud computing technologies, easing of inflationary pressure, strong focus on innovation, digital transformation across industries supported the upward momentum. The accelerated pace of 5G deployment and network modernization efforts fueled growth in the communications sector.
Flexibility in business models has allowed these enterprises to navigate through the heightened geopolitical volatility the world has witnessed in 2024. Here are four tech stocks that gave solid returns to investors in 2024.
This post originally appeared at Zacks.