Stocks

3 High-Performing Stocks With Potential to Double in 2024

Published December 14, 2023

Investors who reaped the rewards of some of 2023's most impressive stock gains might be in for another prosperous year. A trio of stocks, which saw a significant surge in the previous year, have positions that suggest potential for a repeat performance. These companies, each leading in their respective sectors, include DKNG DraftKings Inc., RCL Royal Caribbean Group, and CRWD CrowdStrike Holdings, Inc.

DraftKings Inc. - DKNG

DraftKings Inc. offers a wide array of digital sports entertainment and gaming services. Founded in Boston, Massachusetts, DKNG has proven to be a formidable contender in the United States's growing online betting market. After an impressive growth spurt in 2023, industry analysts are eyeing DKNG for a similar, if not greater, upward trajectory in 2024.

Royal Caribbean Group - RCL

In the wake of global travel renaissance, Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., has emerged stronger from the pandemic-era downturn. Based in Miami, Florida, this American global cruise holding company's stocks have cruised to new heights and with a revitalized market, RCL is sailing towards a promising horizon that could see shares doubling as they did in the past year.

CrowdStrike Holdings, Inc. - CRWD

As cyber threats continue to evolve, the demand for robust security solutions is at an all-time high. CrowdStrike Holdings, Inc., with headquarters in Sunnyvale, California, specializes in providing cutting-edge cloud solutions for endpoint and cloud workload protection. With a broadening international presence, CRWD has garnered significant attention from investors after last year's gain, signaling another potential doubling in its share price for 2024.

DraftKings, RoyalCaribbean, CrowdStrike