A handful of stocks partial to the U.S. market could see strong gains ahead. All three major indexes are coming off of a winning first half of 2024. The benchmark S & P 500 gained 15%, trailing the Nasdaq Composite's 18% jump. The Dow Jones Industrial Average added 3.8%. Traders continue to signal optimism tied to the artificial intelligence boom, which has been led by Nvidia. The rise of the chipmaker helped lift the broader market to all-time highs in 2024.
initiated coverage of MGM stock in a Tuesday note and said that both the stock and the company's forward guidance should benefit, easing concerns about how long the Las Vegas boom can continue. MGM YTD mountain MGM Resorts stock. "Near-term, we see room for upward estimates revisions, driven by Vegas and China, and healthy capital returns with possible kickers from China dividends and/or Regionals property sales ," analyst Clark Lampen said.