U.S. Stock Market's Stellar 2024
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Federal ReserveThe Motley Fool
•History Says the S&P 500 Will Surge in 2025. 2 Top Stocks to Buy Before It Does.
82% Informative
The benchmark S&P 500 index reached an all-time high closing value of 6,090.27 on Dec. 6, 2024 .
In September 2024 , the Federal Reserve commenced the ongoing rate cut cycle by reducing benchmark interest rates by 50 basis points.
Since the current economic environment does not appear recessionary, it may be prudent to expect the index to continue growing till September 2025 .
MongoDB is focusing on reallocating some of its go-to-market resources from mid-market to large enterprise channels.
MongoDB uses AI tools and professional services to modernize customers' legacy applications.
Considering its several growth tailwinds and strong financials, MongoDB seems a compelling buy now.
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