The stock that outperformed Nvidia and Bitcoin: Quantum stocks surged 1800 percent
Economist Barış Soydan revealed the top-performing stock of 2024, stating "Neither Nvidia nor Bitcoin" and noting that quantum stocks have risen by 1800 percent in one year. Soydan cautioned that this rapid increase could be a bubble.
Bitcoin, which began to rise rapidly following the elections held in the US on November 5, reached a historic peak of 108 thousand 350 dollars on December 17.
During this process, the victory of "crypto-friendly" Donald Trump in the US elections supported Bitcoin, and significant price increases were experienced, especially with the demand coming from institutional investors.
NVIDIA ALSO SURGED
In the same period, Nvidia shares began to rise as the demand for 'Artificial Intelligence' technologies increased.
Industry analysts predict that NVIDIA's role as a technology innovator will enable it to cope well with future challenges.
As AI becomes more deeply integrated into daily life, NVIDIA's technologies are expected to influence everything from smartphones to smart cities, consolidating its impact across multiple fields.
THE TOP-PERFORMING STOCK OF 2024: ROSE 1800 PERCENT
However, while these investment vehicles stand out as profitable, economist Barış Soydan, who shared his views on his social media account, declared "Neither Nvidia nor Bitcoin" and revealed the top-performing stock of 2024.
Soydan stated the following:
"Neither Nvidia nor Bitcoin, the real craze of 2024 was quantum stocks. 1800 percent in 1 year. This is now a bubble."
News Source : 12punto
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