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End of Year Tech Stock Picks | 09-26-2024

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Alphabet Stock end of 2024

The initial stock we’ll analyze is Alphabet, Google’s parent company.

Oddsmakers have set the over/under for Alphabet stock at $185.50, with the over and under priced at -120. Since there isn’t a clear advantage based on the price, let’s take a look at how the stock has been performing recently.

Alphabet stock is down 1% in the last week and has dropped nearly 3% in the previous month.  However, it has increased 7% in the past six months and surpassed the $158.50 mark most of the year.

These recent spikes exceeding $158.50 have shown plenty of promise for the rest of the year. I would bet Over $158.50 for Alphabet stock at -120 odds.

Meta Stock end of 2024

We’re focusing on the tech sector and analyzing the potential year-end price of Meta stock.

The current price of this stock is $540.50, with equal odds of -120 on both sides. Let’s take a closer look at Meta stock’s performance.

Meta has increased slightly in the past week, experiencing an upswing of about 3%. It is up 9% in the past month. With that being said, it is currently trading at $568.

It’s worth noting that Meta surpassed the $540.50 mark several times earlier this year, including last week.

I understand that stocks can fluctuate, but Meta will likely exceed $540.50 by the end of the year. I would bet Over $540.50 for Meta stock at the end of the year.

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Microsoft Stock end of 2024

Finally, let’s examine Microsoft.

Along with the previous two tech stocks, Microsoft is on the rise. It has been performing well in 2024, with a 4% increase in stock value over the past month. In addition to the past month, the stock is up 16% this year.

Oddsmakers have set the over/under at the same price of -120, indicating that there isn’t a clear advantage. The current price set by oddsmakers for Microsoft is $405.50.

The stock’s highest point this year was $468, and it is currently trading at $432. Oddsmakers placing a $405 price on this feels way too low.

I would have to bet Over $405.50 for Microsoft stock by year end as well. 

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