Top S&P 500 Winners Predicted for 2024

Energy stocks poised for a comeback in 2024

Analysts are optimistic about a rebound for certain energy stocks in 2024, particularly in the oil and gas sector. Companies like Halliburton and Marathon Oil, which experienced declines in 2023, are expected to see significant upside. Halliburton’s stock price dipped 8.1% last year, while shares of Marathon Oil similarly went down, losing 10.9%. However, analysts’ consensus price targets on both stocks indicate more than 34% upside over the next 12 months.