S&P 500’s 2024 Winners: 2 Must‑Buy Stocks

Why the S&P 500 Is the New Hot Spot for Investors

The S&P 500 got a smashing start to 2024 and the universe has already started highlighting the real heavy‑hitters lurking inside.

Mastercard: The Wallet‑Wiser Wonder

The card giant has been turning cash into gold for years, and its profits keep rolling in—no matter what the market throws at it.
Think of Mastercard as that reliable friend who always makes the party a success—even when the DJ stalls.

Uber: A Ride to the Top

After finally hitting a green milestone, the rideshare leader is accelerating faster than a Tesla in autopilot mode.
Despite its sky‑high price tag, Uber’s growth curve is so steep you’d think it’s got a booster behind it.

Record–Breaking Easter Weekend

Even amidst economic turbulence, the index closed at a record 5,245 points on Easter, proving that good chemistry can triumph over challenges.

Top Picks According to Joel Lim

Mastercard – The steady profit machine that outpaces the crowd.
Uber – The high‑flyer that’s hard to ignore.

Both companies are smashing the S&P 500’s performance bar with flying colors, and if you want to catch that upside, now’s the time to get in.

Mastercard (MA)

Mastercard’s Money‑Making Marvel

From the Shadows to the Spotlight

While the payment giants VISA and Discover grab most of the headlines, Mastercard has quietly been riding a wave of growth that would make even the most cautious investors jump for joy. Over the past decade, its stock has leapt almost 500%, proving that it’s not just a backup plan—it’s the main ticket in the ticketing system.

Money In, Money Out, No Matter the Weather

13% Revenue Growth in 2023 – Even when inflation tried to party on a budget and interest rates set a new trend, Mastercard kept adding cash to the coffers.
45% Average Profit Margin Since 2019 – That’s a sweet spot. Think of it like a well‑balanced dessert: plenty of cake, just enough frosting.
Joel Lim’s Praise – “Mastercard is one of the most established payment companies in the world and meets the fast-paced growth of cashless payments with adequate solutions and resiliency to economic hurdles.”

Why This Isn’t Just a Pretty Penny

You might be tempted to throw a coin in the wishing well, but remember: this coin has a track record. Mastercard’s proven ability to grow means investors can expect more than just a few shiny dividends. It’s a reliable partner that keeps the cash flowing even when the economy does a dance.

Bottom Line

Investors, consider Mastercard not just a “nice-to-have” but an essential part of your portfolio. With its solid revenue engine, strong margins, and resilience against market hiccups, this company is here to stay. And if you’re still on the fence, just think: every time you pay with a card, you’re backing a company that’s already written its own success story.

Uber (UBER)

Uber Takes the Ride to New Heights

Everyone’s talking about Uber, but the price tag can make even the most daring investor think twice. Yet, the ride‑hailing giant is finally finding its footing, and it’s looking pretty darn good.

Profit Turned Phone‑Number‑Like: 2022‑Onwards

Uber turned a profit in 2022 and hasn’t looked back.
Since the end of last year, the stock has outperformed the S&P 500 by a whopping 55%.
Expecting fast, big growth: 2024 targets $1.34 adjusted earnings per share (EPS).
By 2025, the plan is to more than double that EPS.
Profit margins are as smooth as a freshly paved city street.

Why Millennials Still Love Uber

According to Joel Lim, “Uber sits at the center of what younger people want—riding, food, and grocery delivery.” That’s why the company’s popularity keeps the wheels turning, riding the wave of current trends and pop‑culture.