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Is Nasdaq 20,000 in the cards for 2021?
After a strong performance in 2020 from Nasdaq Composite, bullish investors are hopeful that stocks will continue their winning ways. The Dow has climbed above the 30,000 mark recently. Some wonder whether a significant milestone for the Nasdaq could follow closely in its footsteps.
The Nasdaq is just above the 12,800 mark. Many would see 15,000 as a healthy target for the index for this year. Given how much so many of the Nasdaq stocks rose in 2020, it’s not surprising to see more optimistic investors calling for the 20,000 marks as a stretch goal.
Here’s what it would take to get Nasdaq above the 20K goal.
If you want to make money in the stock market, start here
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It’s never too late to start saving,
Gordon Fox
P.S.
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